Wikipedia
Trustpower Limited is a New Zealand electricity generation and electricity retailing company, listed on the New Zealand stock exchange.
Trustpower is New Zealand's fifth largest electricity generator (in terms of MW capacity, GWh output and revenue) and the fourth largest electricity retailer (in customer numbers), serving 260,000 customers throughout New Zealand. The company owns and operates 34 power stations. It generates 100% of its electricity using renewable energy sources, primarily hydro-electric but also wind farms.
The company has two major shareholders: Infratil owns 50.5% and the Tauranga Energy Consumer Trust (TECT) owns 33.0%.
In 2013 it bought Energy Direct, a Wanganui electricity and gas company.
In 2015, it bought 65% of King Country Energy Ltd from Nova Energy. King Country Energy generates all of its electricity from renewable sources (principally hydro-electric generation) and supplies electricity to the Waitomo, King Country and Ruapehu Districts. King Country Energy was incorporated in 1991.