Trustpower

From Wikipedia, the free encyclopedia
  (Redirected from TrustPower)
Jump to: navigation, search
Trustpower Limited
Public
Traded as NZX: TPW
Industry Energy
Founded 1993
Headquarters Tauranga, New Zealand
Services Electricity
Revenue $681 million[1]
$98 million[1]
Total assets $2,351 million[1]
Website www.trustpower.co.nz

Trustpower Limited is a New Zealand electricity generation and electricity retailing company, listed on the New Zealand stock exchange.

Trustpower is New Zealand's fifth largest electricity generator (in terms of MW capacity, GWh output and revenue) and the fourth largest electricity retailer (in customer numbers), serving 260,000 customers throughout New Zealand. The company owns and operates 34 power stations. It generates 100% of its electricity using renewable energy sources, primarily hydro-electric but also wind farms.

The company has two major shareholders: Infratil owns 50.5% and the Tauranga Energy Consumer Trust (TECT) owns 33.0%.[2]

In 2013 it bought Energy Direct, a Wanganui electricity and gas company.[3]

Power stations[edit]

Trustpower power stations in New Zealand
Station Type Capacity Commissioned Location
Bream Bay diesel 9 MW 2011 Northland
Lloyd Mandeno hydro 16 MW Bay of Plenty
Lower Mangapapa hydro 5.6 MW 1979
Ruahihi hydro 20 MW 1981
Kaimai 5 hydro 0.3 MW
Matahina hydro 80 MW 1967
Wheao / Flaxy hydro 26 MW 1982
Hinemaiaia hydro 6 MW 1952
Mangorei hydro 4.5 MW 1906 Taranaki
Motukawa hydro 5 MW 1927
Patea hydro 31 MW 1984
Tararua wind 161 MW 1999 Manawatu
Cobb hydro 32 MW 1944 Nelson
Argyle hydro 11 MW 1983 Marlborough
Wairau hydro MW
Waihopai hydro 2.4 MW 1927
Arnold hydro 3 MW 1932 West Coast
Kumara hydro 6.5 MW
Dillmans hydro 3.5 MW
Duffers hydro 0.5 MW
Kaniere hydro 0.4 MW 1909
McKay's Creek hydro 1.1 MW 1931
Wahapo hydro 3.1 MW 1960
Coleridge hydro 39 MW 1914 Canterbury
Highbank hydro 28 MW 1945
Montalto hydro 1.8 MW 1982
Paerau / Patearea 12 MW 1984 Otago
Deep Stream hydro 5 MW 2008
Waipori 84 MW 1907
Mahinerangi 36 MW 2011
Trustpower power stations in Australia
Station Type Capacity Commissioned Location
Snowtown wind 368 MW 2008, 2014 South Australia
Myponga wind 35 MW proposed
Dundonnell Wind Farm[4] wind 300 MW proposed Victoria
Salt Creek Wind Farm[5] wind 30 MW proposed

Developments[edit]

Trustpower's current development projects in New Zealand include the Awhitu Wind Farm near Waiuku, the Wairau Hydro Scheme near Blenheim and the Kaiwera Downs Wind Farm in Southland.

On 2 November 2008, Trustpower opened Stage 1 of the Snowtown Wind Farm, its first wind farm in Australia. The wind farm is near the township of Snowtown, 170 km north of Adelaide, and will generate 370-380 GWh pa with 47 wind turbines. Project cost is $220 million.[6] The project was completed in November 2014.[7]

The Myponga Wind Farm is a $120m project of 16 wind turbines, located near Sellicks Hill on the southern outskirts of Adelaide. Trustpower received approval for the project in 2002 and it is due to be operational by the end of 2010.[8]

See also[edit]

References[edit]

External links[edit]