Contact Energy is a major New Zealand electricity generator and retailer expanding its geothermal renewable base. It trades on New Zealand Stock Exchange under the ticker CEN, in the Utilities (Renewables) sector.
Key Facts
| Item | Details |
|---|---|
| Ticker | CEN |
| Exchange | New Zealand Stock Exchange (CEN) |
| Sector | Utilities (Renewables) |
| Headquarters | Wellington, New Zealand |
Bull Case & Risks
Bull Case
- A growing geothermal-renewables pipeline
- An integrated generate-and-retail model
- Electrification and data-centre demand
Risks
- Hydrology and wholesale-price risk
- Capex and execution pressure
Outlook
Contact Energy is a leading NZ generator-retailer investing in geothermal capacity, a renewable-utility play on electrification and growing power demand.
Educational information only, not investment advice. Stocks carry risk including possible loss of principal; past performance does not guarantee future results.