Contact Energy on a mission to phase out fossil fuels in NZ

NEW ZEALAND’s second-largest energy generator and provider Contact Energy will acquire a 49.9% shareholding in renewable company Simply Energy for A$10.7 million with payments spread over three years.

Contact Energy on a mission to phase out fossil fuels in NZ Contact Energy on a mission to phase out fossil fuels in NZ Contact Energy on a mission to phase out fossil fuels in NZ Contact Energy on a mission to phase out fossil fuels in NZ Contact Energy on a mission to phase out fossil fuels in NZ

 

The move is designed to expose Contact and its customers to "innovative energy solutions" aimed at accelerating the company's strategy to decarbonise New Zealand's energy system.