HomeInfratil News2015Trustpower results year ended 31 March 2015

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Trustpower results year ended 31 March 2015

15 May 2015

Trustpower has made good progress on its growth agenda over the 2015 financial year. The 270MW Snowtown Stage 2 Wind Farm in South Australia was completed on time and under budget and has provided shareholders with significant value uplift following commissioning in October 2014. Trustpower has broadened its Australian renewable energy portfolio through the acquisition, at an attractive price, of 105 MW of hydro and wind assets owned by Green State Power from the New South Wales Government in July 2014. Trustpower has grown its New Zealand retail customer base, particularly in metro markets, as its multi product strategy gains momentum.

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