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The latest update is out from Contact Energy Limited ( (COENF) ).
Contact Energy Limited has signed a 10-year agreement to supply electricity to Fonterra’s Whareroa dairy site, starting with 140 GWh in August 2026 and increasing to 415 GWh by 2028. This agreement aligns with Contact’s renewable energy projects and supports the decarbonization of New Zealand’s dairy sector, offering a more economical alternative to natural gas.
More about Contact Energy Limited
Contact Energy Limited is a company operating in the energy sector, primarily focused on renewable energy generation. It provides electricity and gas services and is known for developing renewable energy projects to support decarbonization efforts in various industries.
YTD Price Performance: -1.87%
Average Trading Volume: 1,899
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.19B
See more data about COENF stock on TipRanks’ Stock Analysis page.
