Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Northpower voted 2014 Lines Company of the Year

Northpower Limited Media Statement

Northpower voted 2014 Lines Company of the Year

15 August, 2014

Northpower has been judged New Zealand’s best electricity lines company for the second year running. The announcement was made at the Deloitte Energy Excellence Awards in Auckland on Wednesday.

In the wake of the storm which hammered Northland in July, it has been a pleasing few days for Northpower with the company earlier this week announcing a solid financial performance.

Deloitte Energy Excellence Awards recognise achievement and excellence in the New Zealand energy sector.

The judges commended Northpower for an excellent entry which included highlights such as increased revenue and profit, improved system reliability, significant gains made by the company’s New Zealand Contracting arm, and the delivery of its commercially and technically successful ultra-fast fibre network in Whangarei.

New Northpower Chair Nikki Davies-Colley says the company has worked hard for years to be a strong performer in the electricity sector – a strategic approach that is paying off.

“This is wonderful for all staff. They work exceptionally hard and are extremely dedicated so they deserve to take some time to reflect and pat themselves on the back. It has been a real team effort yet again,” says Mrs Davies-Colley.

With a long-term vision of becoming a $1 billion business, Northpower’s New Zealand Contracting General Manager Lloyd Richards says the company continues to lay a solid platform for ongoing growth.

“The key is to keep our mind on the job, over deliver for clients and keep our focus on safety every minute of the day,” says Mr Richards.

“We will see a lot of change in years to come due to new technologies, regulatory and consumer needs, so we plan to keep working with our customers to meet their strategic goals, along with ours, and deliver value. We hope to be at the forefront of the sector as changes come to hand.”

Graham Dawson, Northpower’s Network General Manager believes the award recognition justifies the strategic growth path the business has been on.

“From a reliable electricity network in Kaipara and Whangarei to the Northpower Fibre UFB network, our Wairua Hydro Power Station and New Zealand’s first electric vehicle fast-charge station in Whangarei, Northpower has become a very dynamic organisation,” says Mr Dawson.

“Combine this with the capability of our contracting operation established throughout the North Island, West Coast Energy’s developing business in Australia and the Pacific Islands’ project work we are involved in - these are exciting times.

“However, there is still plenty more we want to achieve and we have the team to do it,” says Mr Dawson.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing: Affordability Drops 14%, Driven By Auckland Prices

Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

ALSO:

The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent

Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

ALSO:

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news