Ann: OFFICE: MRP: GM Geothermal appointment completes leadership team

• Release Date: 13/05/15 08:30
• Summary: OFFICE: MRP: GM Geothermal appointment completes leadership team
• Price Sensitive: No
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					MRP
13/05/2015 08:30
OFFICE
NOT PRICE SENSITIVE
REL: 0830 HRS Mighty River Power Limited (NS)

OFFICE: MRP: GM Geothermal appointment completes leadership team

Mighty River Power today announced the appointment of Nick Clarke to the
position of General Manager Geothermal - completing a realignment of the
leadership team to support the Company's strategic priorities.

Chief Executive, Fraser Whineray, said the new role of GM Geothermal
announced in July 2014 would provide strategic and operational leadership to
the Company's geothermal operations in New Zealand, and also contribute to
developing and delivering on Mighty River Power's broader strategic
priorities.

"Nick Clarke has a proven track record of strong leadership, stakeholder
management and success in customer innovation across a range of sectors
offshore and locally, most recently in telecommunications with Spark. We see
this as an appointment that will complement Mighty River Power's depth of
geothermal expertise and be a very positive addition to our leadership team -
with his experience in large and evolving businesses, and a passion for New
Zealand." Mr Clarke has qualifications in management, finance and law.

Mr Whineray said an important focus of the GM Geothermal would be optimising
the performance of the five geothermal plants operated by the Company in New
Zealand. These plants account for about 40% of annual electricity production
and add significant strength to Mighty River Power's portfolio as base-load
renewable generation.

Mr Clarke will join Mighty River Power in July 2015.

For further information contact David Glendining, Head of Communications (Tel
0272 105 337) or Anna Hirst, Head of Investor Relations (Tel 0275 173 470).
End CA:00264232 For:MRP    Type:OFFICE     Time:2015-05-13 08:30:03