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Contact Energy Limited ( (COENF) ) has provided an announcement.
Contact Energy Limited has entered a seven-year gas supply agreement with Greymouth Gas New Zealand Limited, effective from October 2025, with an option to extend for three more years. This agreement will support New Zealand businesses transitioning from gas to renewable electricity and diversify Contact’s gas supply, reducing reliance on a single field. The deal aligns with Contact’s strategy to lead in the country’s decarbonization efforts, aiming for net-zero generation operations by 2035.
More about Contact Energy Limited
Contact Energy Limited is a company operating in the energy industry, primarily focusing on electricity generation and gas supply. The company is committed to transitioning towards renewable energy and has invested significantly in renewable generation assets.
See more insights into COENF stock on TipRanks’ Stock Analysis page.