CEN contact energy limited

Ann: ASSET: CEN: CEN confirms sale of former New

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    • Release Date: 13/06/13 12:29
    • Summary: ASSET: CEN: CEN confirms sale of former New Plymouth power station site
    • Price Sensitive: No
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    CEN
    13/06/2013 10:29
    ASSET
    
    REL: 1029 HRS Contact Energy Limited
    
    ASSET: CEN: CEN confirms sale of former New Plymouth power station site
    
    13 June 2013
    
    Contact confirms completion of sale of former New Plymouth power station site
    
    Contact Energy Limited (Contact) today confirmed the conclusion of the sale
    process for the site of the former New Plymouth power station for a total of
    $24m.
    
    Port Taranaki today takes ownership of the majority of the site, which is
    adjacent to their current operations, for $15.5m. This follows completion
    last week of the sale of a smaller portion of the site to Methanex New
    Zealand for $8.5m.
    
    Dennis Barnes, Contact's Chief Executive said that "Contact is delighted that
    the site has been sold to two Taranaki-based businesses that will use it to
    further grow and develop their operations, benefiting the local economy. We
    are proud of our long-standing involvement in the Taranaki region which
    continues through our operation of the Stratford Power Station and Ahuroa Gas
    Storage facility."
    
    ENDS
    
    Investor enquiries: Fraser Gardiner 021 228 3688
    
    Media enquiries: Shaun Jones 021 204 4521
    End CA:00237348 For:CEN    Type:ASSET      Time:2013-06-13 10:29:58
    				
 
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