News

Govt criticised for cutting AFAs out of sales

Monday 28th of April 2014

Genesis, the last of the three power gentailers to be partially sold by the Government, listed before Easter.

The floats received a lot of public attention but AFAs’ access to them was limited.

That was most noticeable in the case of Mighty River Power and Mercury, where big broker firms formed the retail syndicate, and to a lesser extent in the case of Genesis, where those who ar...

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