NZX is pleased to advise that all conditions to the Sale and Purchase agreement for M-co have been met.
NZX has agreed a conditional term sheet, subject to due diligence, for the acquisition of the energy and related assets of M-co.
Low hydro inflows in 2008 have again led to extraordinarily high spot market prices for electricity - changes needed?
A marketplace is somewhere people go to buy and sell. Once, it was a physical space. The modern marketplace doesn't have to be, yet its purpose is the same: trade. We build marketplaces where vital commodities like electricity, financial securities, carbon units and gas can be bought and sold, easily.
We innovate, and come up with ideas, technologies, processes, and approaches - to create marketplaces which are easy to use. We put control in the hands of the buyers, sellers and people who run the marketplace. When people have this kind of freedom, trade flourishes.
Welcome to M-co.