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Latest News
Keep track of what's happening at Transpower with the latest Transpower news.
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North Island Grid Upgrade Project - update on expected expenditure
18 May 2012Transpower advises that the final cost for its North Island Grid Upgrade Project is forecast at up to $894million.
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Power outage in Hinuera and Surrounding Districts - Sunday 20 May 2012
07 May 2012Power outage in Hinuera and Surrounding Districts - Sunday 20 May 2012
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New Grid Maintenance and Project Services contracts signed
30 Apr 2012The new contracts for Grid Maintenance and Project Services were officially signed on 28 March, marking a milestone in Transpower’s contract procurement programme.
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Energy Market Services appointed as FTR Manager Service Provider
03 Apr 2012Transpower is pleased to announce that Energy Market Services, the commercial market information group within Transpower has been selected by the Electricity Authority as the successful tenderer for the Financial Transmission Rights (FTR) Manager
Service Provider role. -
A.M. Best Co. affirms Risk Reinsurance Limited financial strength and issuer ratings
27 Mar 2012A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit rating of ‘aa-‘ of Risk Reinsurance Limited (RRL) (Cayman Islands) a subsidiary of Transpower New Zealand Limited (Transpower).
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Wairakei–Whakamaru C Line Commissioning Date
23 Mar 2012Transpower advises that it has now developed its full construction plan for the new Wairakei–Whakamaru C replacement line, and is projecting a November 2013 commissioning date.
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AUFLS Event Industry Presentation
15 Mar 2012On Tuesday 15 March, we hosted an industry-wide presentation on the system’s response to the AUFLS tripping event which occurred on 13 December 2011, after the loss of connection of Huntly generation from the grid.
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Transpower announces Canadian private placement funding
14 Mar 2012Transpower announced today that it has made a private placement of CAD$250 million (NZD$307 million) Senior Unsecured Notes to Canadian institutional investors.
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Transpower announces half-year results
29 Feb 2012Transpower today announced its financial results for the six months ended 31 December 2011.
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Local marae hosts ceremony to mark the start of new build project
27 Feb 2012The build stage of the new Wairakei to Whakamaru replacement line was celebrated on Thursday 23 February with a sod turning ceremony held at Mokai marae, in Mokai.