Moody’s Investors Service has today upgraded Transpower New Zealand Limited’s (Transpower) long-term senior unsecured rating to Aa3 from A1.
Transpower New Zealand Limited (Transpower) is considering an offer of unsecured, unsubordinated fixed rate bonds to New Zealand retail investors and to institutional investors.
We can now confirm several transmission pole structures on the two circuits supplying the Hokitika substation have suffered significant damage.
There are still around 900 consumers without power, mostly in South Westland, Hokitika, and areas in the north towards Inangahua.
Our crews are still assessing the extent of the storm damage to transmission lines supplying the area.
Transpower advises that we are currently experiencing a power outage on our network, affecting Hokitika and the surrounding area.
Transpower New Zealand Limited today released its second quarter operational and financial performance update report.
As owner and operator of the National Grid, Transpower needs to carry out urgent remedial works on a critical piece of electrical equipment supplying the entire Opotiki District tomorrow.
Transpower today released research that finds New Zealand’s power system is in a good position to enable a significant increase in renewable electricity generated from solar photovoltaic (PV) panels.
Transpower advised today that its artwork collection is due to go to public auction on 6-7 December.