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Contact Energy acquires Manawa Energy for $2.3 billion

PRIVATEJun 10, 2026

Acquiring Company

Contact Energy

Acquired Company

Manawa Energy

WellingtonNew ZealandEnergyRenewable EnergySolarBiomass EnergyEnergyOil And GasRenewable EnergySolar

Description

Contact Energy has successfully acquired Manawa Energy in a transaction valued at $2.3 billion. The deal included cash and shares, significantly benefiting Manawa shareholders. This acquisition marks a major milestone as it represents one of New Zealand's largest public scrip-based transactions. Contact Energy aims to enhance its market position through this strategic acquisition.

Quick answer

Contact Energy is acquiring Manawa Energy for $2.3 billion, announced June 10, 2026. Contact Energy is based in Wellington, Wellington, New Zealand.

How much did Contact Energy pay for Manawa Energy?
The reported deal value is $2.3 billion.
What does Contact Energy do?
Contact Energy is one of the top four electricity generator-retailers in New Zealand.
Where are Contact Energy and Manawa Energy based?
Contact Energy is based in Wellington, Wellington, New Zealand. Manawa Energy is based in New Zealand.
Who are the decision-makers at Contact Energy?
Fundz holds 2 contacts at Contact Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Contact Energy

Location

Wellington, Wellington, New Zealand

About

Contact Energy is one of the top four electricity generator-retailers in New Zealand. The company is focused on providing energy solutions and enhancing market security. Contact has a diverse portfolio that includes renewable energy sources. It has been actively pursuing growth through strategic acquisitions.

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Frequently asked

Who acquired Manawa Energy?

Manawa Energy was acquired by Contact Energy, based in Wellington. The deal was reported on June 10, 2026. Contact Energy is one of the top four electricity generator-retailers in New Zealand. The company is focused on providing energy solutions and enhancing market security. Contact Energy is privately held and operates in Energy.

When did Contact Energy acquire Manawa Energy?

Contact Energy's acquisition of Manawa Energy was reported on June 10, 2026. Contact Energy has successfully acquired Manawa Energy in a transaction valued at $2.3 billion. The deal included cash and shares, significantly benefiting Manawa shareholders. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Manawa Energy do?

Manawa Energy is a smaller electricity generator that operates in the competitive New Zealand market. It primarily sells uncommittted power to the market through hedging contracts. The company was formed after the retail operation of Trustpower was sold off. It is privately held, operating in Energy, and is based in New Zealand.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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