Acquiring Company
Contact Energy
Acquired Company
Manawa Energy
WellingtonNew ZealandEnergyRenewable EnergySolarBiomass EnergyEnergyOil And GasRenewable EnergySolarDescription
Contact Energy has successfully acquired Manawa Energy, completing the deal in July 2025. This acquisition has significantly boosted Contact's annual profit and operating earnings, marking a transformative year for the company. With the added renewable generation capacity from Manawa, Contact aims to drive future growth and improve energy security. The acquisition enabled Contact to achieve 98% renewable output during the year.
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Based on deal dataFrequently asked
Who acquired Manawa Energy?
Manawa Energy was acquired by Contact Energy, based in Wellington. The deal was reported on August 9, 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 August 9, 2026. Contact Energy has successfully acquired Manawa Energy, completing the deal in July 2025. This acquisition has significantly boosted Contact's annual profit and operating earnings, marking a transformative year for the company. 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.