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Trustpower Limited

company

Trustpower Limited, originally a New Zealand utility focused on renewable electricity generation (hydro and wind) and retail, underwent a significant corporate restructuring in 2022. Its generation assets and commercial/industrial retail business were rebranded as Manawa Energy Limited, which continues to operate and develop renewable energy infrastructure. Its mass-market retail business was sold to Mercury NZ Limited.

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Founded 1992 170 employees
UtilityDeveloperOperator

Strategic Overview

  • Trustpower Limited underwent a significant corporate restructuring in 2022, with its generation and commercial/industrial retail assets forming Manawa Energy Limited.
  • The company (now Manawa Energy) maintains a strong focus on renewable electricity generation, primarily hydro and wind, within New Zealand.
  • Manawa Energy is actively pursuing new development opportunities in renewable energy, including solar and battery storage, to expand its portfolio.

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Key People

David Prentice
Chief Executive Officer
Phil McKay
Chief Financial Officer

Track Record

500
MW Total
32
Years Active
Notable projects: Waipori Hydro Scheme, Arnold Hydro Scheme, Mahinerangi Wind Farm

Detailed Analysis

Technologies
HydropowerOnshore WindSolar PV
Sectors
UtilitiesEnergy Transition
Geographies
New Zealand
Deal Stage
OperatingGreenfield

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