Tauranga-based Trustpower is considering a possible sale of its retail business to focus only on electricity generation. Photo / George NovakTauranga-based Trustpower is considering a possible sale of its retail business to focus only on electricity generation. Trustpower's retail business was a leader in bundling different products to offer to customers, adding mobile phone services in 2021. Trustpower's generation business reported a marginal fall in EBITDAF of $154.1m, a fall of $100,000. In January, Trustpower announced a strategic review of its retail business, which could see the business sold, a move supported by the company's majority shareholder, infrastructure fund Infratil.

Source: New Zealand Herald May 16, 2021 21:56 UTC