February 5, 2025 – The New Zealand Commerce Commission has released a Statement of Issues regarding Contact Energy’s proposed acquisition of Manawa Energy, outlining potential competition concerns following an initial investigation.
The statement is not a final decision, but identifies areas requiring further scrutiny before approval or rejection of the merger. The Commission is now seeking submissions from stakeholders, due by February 21, 2025, with cross-submissions by February 28, 2025.
A final decision is expected by March 31, 2025, though the timeline may change if competition concerns remain unresolved. The Statement of Issues is available on the Commerce Commission’s case register.
