MCY Mercury NZ ( MRP Mighty River Power)

[Norwest]

MCY looking to takeover TLT's NZ's assets in partnership with QIC taking the AU assets.

Would be a fantastic buy for MCY if they can get it over the line.

[Norwest]

Too boring for anyone to talk about? At least you have to love Grant from Jarden asking today what everyone else on the call was thinking about MCY's potential acquisition of TLT's NZ assets even after they said they will absolutely not talk about it as part of the presentation. Good on him for trying!

[Snoopy]

Mercury Energy Hydro	Station Generation Capacity	Notes	Mercury Energy Geothermal	Station Generation Capacity	Notes
Aratiatia	78MW	Upgrade by FY2020	Rotokawa	34MW	Refurbished FY2015
Atiamuri	74MW		Ngatimariki	82MW	Completed FY2014
Waipapa	51MW		Kawerau	100MW
Ohakuri	112MW		Mokai (25% owned)	112MW
Whakamaru	124MW	Upgraded 24MW in FY2020	Nga Awa Purua (65% owned)	138MW	Completed FY2010
Arapuni	196MW	Upgraded 12MW in FY2011
Maraetai 1 & 2	352MW
Karapiro	96MW
Total	1059MW		Total	466MW
Effective Capacity Factor	0.514		Effective Capacity Factor	0.940
Total Operationally Adjusted	544MW		Total Operationally Adjusted	438MW

The Lake Taupo 'hydro-battery', which feeds all of Mercury's collective Waikato 1059MW of hydro-generation operates a little differently to other hydro-storage and generation systems.

This submission by Mercury is a repository of useful information for those interested in more detail as to how Lake Taupo is operated.

https://www.taupodc.govt.nz/reposito...%20Mercury.pdf

SNOOPY

[JAYAY]

https://www.nzx.com/announcements/368722 Mercury considers Green Bond offer.

I am not impressed.
What do other shareholders think of this?

[ratkin]

https://www.nzx.com/announcements/368722 Mercury considers Green Bond offer.

I am not impressed.
What do other shareholders think of this?

What bit of it are you unimpressed with?

[winner69]

https://www.nzx.com/announcements/368722 Mercury considers Green Bond offer.

I am not impressed.
What do other shareholders think of this?

Not impressed with raising more debt?

Or is it because it’s green?

Or something else?

[JAYAY]

Not impressed with raising more debt?

Or is it because it’s green?

Or something else?

Go woke go broke.

[macduffy]

I don't think MCY will "go broke" over this issue but labelling it "green" is the fashionable thing to do, most MCY assets qualify, and it won't cost the company any more - or less!

[artemis]

Let's not forget who is the majority shareholder. And that there will have been quiet chats to make sure the narrative is being correctly followed.

[mfd]

Go woke go broke.

I'm quite happy to see the company showing off their green credentials. If you'd prefer to invest in a company with some extra carbon emissions genesis is still in the business of burning finite resources for now.