Showing 2 of 2 articles
The Government will invest up to $200 million in new Genesis Energy shares to support secure, affordable energy and maintain a 51% Crown ownership. This investment aims to enhance energy security by enabling Genesis to increase flexible capacity and strengthen the long-term value of the state-owned asset. It is part of a broader Government initiative to improve energy reliability and reduce living costs for New Zealanders.
Landcorp has introduced a new livestock equity partnership program in New Zealand to assist farm operators in building equity and securing the future of farming, according to State Owned Enterprises Minister Simeon Brown. The initiative aligns with the government's goals of enhancing rural employment, boosting farm productivity, and facilitating ownership opportunities for the next generation of farmers. The equity partnership model expands on Landcorp's existing contract farming options for dairy farmers and aims to promote high performance, unlock the farming sector's potential, and create pathways for aspiring farmers to take ownership of farms like Mahiwi Farm.