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New Zealand’s government will boost energy investment via equity participation, supporting major project advances and supply security.
New Zealand’s government has responded to the Frontier Economics energy review with plans to boost capital investment by participating in equity raises for Mixed Ownership Model companies, a move Meridian Energy calls the most significant change since its 2013 listing.
The company welcomes the focus on accelerating new generation and firming capacity projects, improving gas supply transparency, and advancing an LNG import facility to reduce dry-year risks.
Meridian supports strengthened regulatory powers and a revised security of supply regime, with further details on timing and pricing expected soon.
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El gobierno de Nueva Zelanda impulsará la inversión energética a través de la participación en el capital, apoyando los avances de grandes proyectos y la seguridad del suministro.