Contact Energy's
acquisition
of
Manawa Energy
- Cameron Partners, together with our alliance partner Rothschild & Co, acted as joint financial advisors to Contact Energy Limited (“Contact”), one of New Zealand’s largest gentailers, in relation to Contact’s acquisition of Manawa Energy Limited (“Manawa”). Contact acquired 100% of Manawa via a scheme of arrangement, which was approved by the Commerce Commission in May 2025 and implemented in July 2025.
- The purchase price was funded via a mixture of Contact shares issued to Manawa shareholders, and cash.
- Contact Energy generates, wholesales and retails electricity throughout New Zealand, with a c.20% market share. The company operates five geothermal, two hydroelectric and three cogeneration power stations, servicing over 600k customers. The addition of Manawa adds 25 hydro schemes and one thermal power station to the generation mix. The combined entity will have around 25% generation share in New Zealand.
