Ian Llewellyn

Wellington

Co-Editor at Scoop

Wildlife cameraman and photographer likes eggs, kingfishers, monochromatic scavenger and Leica MM user.

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Articles

Another step taken to secure future of Huntly Power Station

1 week ago | businessdesk.co.nz | Ian Llewellyn

The major electricity players have taken another step forward in securing the future of the Huntly Power Station as a strategic reserve centre.Since February, Mercury, Meridian and Contact have been in discussions with Genesis regarding the fate of its Rankine Units.The Rankine Units play a major part in ensuring the national security of supply, as they can run on multiple fuels, including gas, coal and, in the future, biomass.As the percentage of renewable generation increases, the need for...
International investors interested in importing LNG to NZ despite cold feet locally: Shane Jones

1 week ago | businessdesk.co.nz | Ian Llewellyn

International investors are still interested in importing liquified natural gas to New Zealand, despite those initially promoting the idea in this country getting cold feet over the proposal, Resource Minister Shane Jones says.Importing liquified natural gas (LNG) was proposed by some major electricity generators as an option when they faced an energy shortfall last winter, as the supply of locally produced gas dwindled.It became clear earlier this year that enthusiasm for the idea had...
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Ian Llewellyn

SECISSUE Thu, Jun 19 2025 08:30 am My Food Bag Limited provides the attached Capital Change Notice, relating to the issue of ordinary shares under the Dividend Reinvestment Plan (DRP) for the final dividend for FY25 paid on 19 June 2025. Announcement PDF Markets News Markets International interest on bringing LNG to NZ: Jones Shane Jones says there is interest in a Taranaki LNG terminal, despite local scepticism.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Ian Llewellyn

MKTUPDTE Thu, Jun 19 2025 09:27 am 19 June 2025(All amounts in NZ$ unless otherwise stated)KMD Brands Trading UpdateKMD Brands Limited (NZX/ASX: KMD, “KMD” or the “Group”) provides the following update on trading performance.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Ian Llewellyn

GENERAL Thu, Jun 19 2025 09:07 am Dividend Reinvestment Plan Strike PriceGeneral Capital Limited (NZX:GEN) wishes to advise that the strike price for the Dividend Reinvestment Plan (DRP), operating in respect of the dividend payable on 3 July 2025, has been set at NZ$0.2971 per share.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Ian Llewellyn

GENERAL Thu, Jun 19 2025 08:48 am Market Release19 June 2025NZX: GNE / ASX: GNETerm sheet signed for Huntly capacity to support national energy security Genesis, Mercury, Meridian, and Contact have signed a detailed non-binding term sheet as a basis for establishing a strategic energy reserve centered on Huntly Power Station in support of national security of supply.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Ian Llewellyn

ADMIN Thu, Jun 19 2025 08:30 am On 18 June 2025 Manawa Energy Limited (“Manawa”) shareholders approved the proposed scheme of arrangement (the “Scheme”) whereby Contact Energy Limited (“Contact”) will acquire 100% of the shares of Manawa Energy. The final steps in the Scheme process will now be undertaken, including applying to the High Court for final orders.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Ian Llewellyn

MKTUPDTE Thu, Jun 19 2025 08:30 am Templeton Emerging Markets Investment Trust PLC ('TEMIT') On behalf of TEMIT, Franklin Templeton Investment Trust Management Limited reports the unaudited cum-income net asset value ('NAV') of TEMIT as at 17 June 2025 was £2102.716m, representing a NAV of 208.48 pence per share. The unaudited ex-income NAV of TEMIT as at 17 June 2025 was £2046.790m, representing a NAV of 202.93 pence per share.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Ian Llewellyn

SHINTR Thu, Jun 19 2025 09:53 am Please see attached Ongoing Disclosure Notice for Margaret Warrington, former Chief Financial Officer of EROAD Limited. Announcement PDF Markets News Markets International interest on bringing LNG to NZ: Jones Shane Jones says there is interest in a Taranaki LNG terminal, despite local scepticism. Markets BGH Capital’s recent acquisition attempt was rejected for undervaluation.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Ian Llewellyn

MKTUPDTE Thu, Jun 19 2025 11:59 am KFL undiluted NAV as at 18/6/25 - $1.3468 Date 18/6/2025 11/6/2025KFL undiluted NAV $1.3468 $1.3485Share price close $1.31 $1.30 Discount 3% 4%The above net asset value (NAV) is unaudited and net of fees and tax. The NAV per share is calculated after deducting treasury stock of 746,735 shares (acquired under the Kingfish buyback programme). * The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (KFLWI).