Tauranga-based electricity company Trustpower says it remains committed to its renewable energy projects in Australia, in spite of the uncertainty created by the review of the Renewable Energy Targets policy by the federal government. Meridian Energy canned a 34 Megawatt hydro scheme in Northern Queensland last week, citing the uncertainty created by a long-running review of the RET, which Prime …

Kiwi Income Property Trust unitholders have overwhelmingly voted in favour of corporatisation, completing a year-long transformation that saw the property trust taking management in house by buying out Commonwealth Bank of Australia. A total of 99.9 percent of votes cast were in favour of turning the trust into a company, which is to be called  Kiwi Property Group Ltd. Its units …

Fiji Airways, the Pacific nation’s national airline, will launch direct flights between Wellington and Nadi from June next year as it looks to extend its reach into New Zealand latching on to increased travel to Fiji, while also providing new routes into North America. The Nadi-based airline will run the twice-weekly service all year round, flying on Thursday and Sunday …