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Contact Energy Limited (CEN.XA)

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8.16-0.13 (-1.57%)
At close: 01:56PM AEST

Contact Energy Limited

Harbour City Tower
29 Brandon Street
Wellington 6011
New Zealand
64 4 499 4001
https://contact.co.nz

Sector(s)
Industry
Full-time employees1,242

Description

Contact Energy Limited generates and sells electricity and natural gas in New Zealand. It operates through two segments, Wholesale and Retail. The Wholesale segment sells electricity to the wholesale electricity market, and commercial and industrial customers. The Retail segment delivers electricity, natural gas, broadband, and other products and services to mass market customers. The company offers electricity, natural gas, and bottled gas generated through its 11 hydro, geothermal, and thermal power stations. It serves approximately 580,000 customers. The company was incorporated in 1995 and is based in Wellington, New Zealand.

Corporate governance

Contact Energy Limited’s ISS governance QualityScore as of 1 June 2024 is 4. The pillar scores are Audit: 6; Board: 2; Shareholder rights: 7; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.