New Zealand electricity generator and retailer Mercury NZ Ltd (NZE:MCY) said today it has agreed to buy a 19.99% stake in Tilt Renewables Ltd (NZE:TLT) from the Tauranga Electricity Consumer Trust (TECT) for NZD 143.9 million (USD 100.1m/EUR 83.6m) in cash. The price represents NZD 2.30 per share and Mercury, formerly Mighty River Power, has […]
