Sharechat Logo

MNW - Senior management changes

Thursday 19th June 2025

Text too small?

On 18 June 2025 Manawa Energy Limited (“Manawa”) shareholders approved the proposed scheme of arrangement (the “Scheme”) whereby Contact Energy Limited (“Contact”) will acquire 100% of the shares of Manawa Energy.

 

The final steps in the Scheme process will now be undertaken, including applying to the High Court for final orders.

 

If the High Court grants final orders approving the Scheme, and subject to the outstanding conditions being satisfied or waived and the Scheme Implementation Agreement not being terminated, implementation of the Scheme is expected to occur on 11 July 2025.

 

The Manawa Chief Executive Clayton Delmarter and Chief Financial Officer Phil Wiltshire will leave the company upon implementation of the Scheme.

 

-ends-

 

Investor enquiries:

Phil Wiltshire

Chief Financial Officer

Ph 027 582 6600

investor.relations@manawaenergy.co.nz

 

Media enquiries:

Jen Spence

Communications

Ph 027 306 2618

comms@manawaenergy.co.nz

 

About Manawa Energy Limited

Manawa Energy is Aotearoa New Zealand’s largest independent electricity generator and renewables developer. We have 26 power schemes throughout New Zealand and a total installed capacity of 512 megawatts, generating an average of 1944 gigawatt hours of electricity per year. We supply around 550 commercial and industrial customers.

Manawa (meaning ‘heart’) acknowledges our heritage establishing electricity generation on the Omanawa River in the Kaimai area during the early 1900s. Our name was gifted by Ngāti Hangarau hapū, mana whenua of the area where our Kaimai hydro-electric power scheme is located.

 

 



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report