CEN
03/08/2015 08:36
GENERAL
PRICE SENSITIVE
REL: 0836 HRS Contact Energy Limited
GENERAL: CEN: Contact to supply a portion of Tiwai's electricity
MEDIA RELEASE
For immediate release
Monday 3 August 2015
Contact to supply a portion of Tiwai's electricity
Contact Energy Limited (Contact) announced today that it has signed a
financial contract with Meridian Energy which forms a portion of the
electricity required by New Zealand Aluminium Smelters to operate its Tiwai
smelter with the following key terms:
o 80MW
o Minimum of 4 years and a maximum of 14 years commencing 1 January 2017
o Provision of associated risk management from Meridian to Contact under
certain limited circumstances
"We are pleased that we have been able to support the continued production of
aluminium at Tiwai", said Dennis Barnes, Contact's Chief Executive.
ENDS
Investor enquiries: Fraser Gardiner 021 228 3688
Media enquiries: Shaun Jones 021 204 4521
End CA:00267828 For:CEN Type:GENERAL Time:2015-08-03 08:36:13
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