Contact Energy and state-owned Genesis Energy are the two power companies most at risk if the Tiwai Point aluminium smelter closes, says a senior Standard & Poors analyst, Richard Creed. In an interview televised on the Reuters Insider programme, Creed, who is S&P’s director of corporate and infrastructure ratings in Australia, picked all the listed power companies in the New …

Contact Energy and state-owned Genesis Energy are the two power companies most at risk if the Tiwai Point aluminium smelter closes, says a senior Standard & Poors analyst, Richard Creed. In an interview televised on the Reuters Insider programme, Creed, who is S&P’s director of corporate and infrastructure ratings in Australia, picked all the listed power companies in the New …

New Zealand shares fell, snapping an eight-day advance, as Diligent Board Member Services and Xero fell, while concerns about a weak Australian dollar weighed on Michael Hill International and Fletcher Building ahead of earnings season. The NZX 50 Index dropped 29.695 points, or 0.6 percent, to 4576.545. Within the index, 25 stocks fell, 11 rose and 14 were unchanged. Turnover …