Genesis Energy Limited (ASX: GNE) — Stock Profile

Genesis Energy Limited generates, trades, and sells electricity to residential and business customers across New Zealand, drawing on a diverse mix of thermal, hydro, solar, and wind sources. The company operates through three segments, with its Retail arm supplying electricity, gas, and LPG to end-users, its Wholesale segment managing electricity supply to the wholesale market alongside gas and LPG trading and derivative contracts used to fix electricity prices, and its Kupe segment covering the exploration, development, and production of gas, oil, and LPG for supply into wholesale channels.

The company's generation portfolio includes the Huntly power station at 1,200 MW of capacity, the three-station Tongariro Power Scheme at 361.8 MW, the three-station Waikaremoana Power Scheme at 138 MW, the Tekapo Power Scheme at 190 MW, and the Hau Nui wind farm comprising fifteen turbines. Formerly known as Genesis Power Limited, the company adopted its current name in September 2013, having been incorporated in 1998 and remaining headquartered in Auckland, New Zealand.