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Contact Energy Limited (ASX:CEN)

ALERT: Price-sensitive ASX Announcement for CEN
Current share price for CEN : $7.440 -0.17 (-2.23%)+
Announcement
Release
14 Aug 2026 7:31AM
Price at Release
$7.610
Full Release
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Summary
The July 2026 Operating Report for Contact Energy Limited highlights significant increases in mass market electricity and gas sales, with a total of 579 GWh, marking a notable rise from the previous year. The average electricity sales price also rose to $337.08/MWh. Contracted wholesale electricity sales were strong at 1,079 GWh, while the unit generation cost decreased to $36.99/MWh. Environmental efforts led to a substantial reduction in greenhouse gas emissions, down to 64 kt CO2-e. The company is advancing several renewable projects, including solar and geothermal developments. Total electricity and steam net revenue reached $179.17/MWh. There was also progress in corporate inclusion and diversity initiatives.
Key Points
  • Contact Energy's mass market electricity and gas sales in July 2026 were 579 GWh, an increase from 456 GWh in July 2025.
  • The average electricity sales price was $337.08/MWh, compared to $312.90/MWh in July 2025.
  • Contracted wholesale electricity sales totaled 1,079 GWh for July 2026.
  • The unit generation cost, including acquired generation, was $36.99/MWh in July 2026.
  • Greenhouse Gas emissions from generation assets were reduced to 64 kt CO2-e in Q4 FY26 from 190 kt CO2-e in Q4 FY25.
  • Contact Energy's renewable projects under construction include Kowhai Park Solar, Te Mihi Stage 2, Glenbrook-Ohurua Battery 2, and Glorit Solar.
  • Total electricity and steam net revenue for July 2026 was $179.17/MWh.
  • Contact reported increased inclusion and diversity in its workforce, with a notable gender balance improvement.
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.