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Contact Energy Limited ( (COENF) ) just unveiled an update.
In June 2025, Contact Energy Limited reported a slight decrease in mass market electricity and gas sales compared to the previous year, while the netback per megawatt-hour increased. The wholesale business saw an increase in contracted electricity sales and net revenue, with a slight reduction in unit generation costs. The company is also progressing with renewable energy projects, including a battery energy storage system, solar park, and geothermal expansion, indicating a strategic focus on sustainable energy solutions.
More about Contact Energy Limited
Contact Energy Limited operates in the energy sector, focusing on electricity and gas sales. The company is involved in both mass market and wholesale electricity sales, and it is actively engaged in renewable energy development projects.
See more data about COENF stock on TipRanks’ Stock Analysis page.