Transpower New Zealand
Conditions stabilise for New Zealand corporates as investors flood in
A flurry of corporate deals have reopened the New Zealand market with high levels of demand, seemingly undeterred by the latest lockdowns. Deal sources say demand has always been present, especially in the retail space, but it is only now that issuers have been willing to test the waters for new issuance.
Australasian energy transition from generator to user
Energy transition will affect every nation, business and individual, and the scale of the task – and the resulting upheaval – is only now starting to become a stark reality. Fitch Ratings and KangaNews gathered Australian and New Zealand capital market participants representing the full power supply chain and the buy side to discuss with Fitch’s analysts what is coming down the pike.
New Zealand reaches across-the-board inflection points
The KangaNews New Zealand Debt Capital Market Summit took place in Auckland in September, at a critical juncture for all of the local political, economic, market and environmental transition stories. Conversations at the conference were more wide-ranging than ever, with contributions from the political, business and markets sectors at a moment when the agenda for the coming years is being formed in real time.
Home advantage
Like every other global jurisdiction, the New Zealand capital market is digesting the implications of resurgent volatility and global economic developments – while local policy tightening continues to lead the world pack. There was a lot to discuss at the ANZ-KangaNews New Zealand Capital Market Forum, which took place in Wellington on 23 March.
Transpower planning switch to green funding following framework certification
Transpower New Zealand plans to issue its first green bond in 2022 having recently received certification of its green finance framework. The company is the first transmission grid to receive Climate Bonds Initiative approval and convert its existing debt to a green format.