Mercury NZ Ltd 2007 AR2
The report highlights Mighty River Power's progress during the 2006/2007 financial year, including the commencement of construction on the 90MW Kawerau Geothermal Power Station and the commissioning of a 45MW gas-fired turbine at the Southdown Cogeneration Station. The company achieved a net surplus after taxation of $112.4 million and invested $183.5 million in capital expenditure to expand generation capacity. In response to a customer tragedy, the company redesigned its retail procedures to better support vulnerable and medically dependent customers. Additionally, all business units achieved the Enviro-Mark Diamond standard, reflecting a strong commitment to environmental sustainability.
Company: Mercury NZ Ltd
Sector: Energy utilities
Country: New Zealand
Year: 2007
Type: AR2
Pages: 88
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Mercury NZ Ltd
Annual Report
The report highlights Mighty River Power's progress during the 2006/2007 financial year, including the commencement of construction on the 90MW Kawerau Geothermal Power Station and the commissioning of a 45MW gas-fired turbine at the Southdown Cogeneration Station. The company achieved a net surplus after taxation of $112.4 million and invested $183.5 million in capital expenditure to expand generation capacity. In response to a customer tragedy, the company redesigned its retail procedures to better support vulnerable and medically dependent customers. Additionally, all business units achieved the Enviro-Mark Diamond standard, reflecting a strong commitment to environmental sustainability.
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Document Details
Report Year
2007
Reporting Period
Jul 1, 2006 - Jun 30, 2007
Fiscal Year
2007
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available