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Contact Energy Limited (ASX:CEN)

ALERT: Price-sensitive ASX Announcement for CEN
Current share price for CEN : $7.160 -0.63 (-8.09%)+
Announcement
Release
16 Jun 2026 7:30AM
Price at Release
$7.790
Full Release
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Summary
Contact Energy Limited's May 2026 Operating Report highlights significant activities and financial performance data for the month. The company's mass market electricity and gas sales reached 461 GWh with a netback of $148.13/MWh. The wholesale segment reported total contracted electricity sales of 1,027 GWh and a net revenue of $159.86/MWh for electricity and steam. The unit generation cost, including acquired generation, was $37.11/MWh. Contact Energy is actively progressing with renewable energy projects such as Kōwhai Park Solar and Te Mihi Stage 2 geothermal. As of mid-June 2026, the South and North Island controlled storages were above average mean levels, and the contracted gas volume for the upcoming year stands at 8.2 PJ.
Key Points
  • Contact Energy recorded mass market electricity and gas sales of 461 GWh in May 2026.
  • The netback for mass market electricity and gas was $148.13/MWh.
  • Wholesale electricity sales including Customer business sales totaled 1,027 GWh.
  • Electricity and steam net revenue was $159.86/MWh.
  • The generation cost including acquired generation was $37.11/MWh.
  • Renewable development projects like Kowhai Park Solar and Te Mihi Stage 2 geothermal are in progress.
  • South Island and North Island controlled storages were above mean as of June 11, 2026.
  • Contracted gas volume for the next 12 months is 8.2 PJ.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.