Morningstar - Trustpower (TPW) Trustpower is a renewable energy operator paying reliable dividends.

Report

Morningstar

Adrian Atkins

EUR 147.86 For Business Accounts Only

Trustpower is a renewable energy operator paying reliable dividends.

We put Trustpower under review ahead of its demerger. Trustpower has been halted from trading and will be delisted and split into two new entities to be listed on the New Zealand stock exchange on 28 October on a conditional basis. The two new entities will be Tilt Renewables (ticker code: TLT) and Bay Energy (ticker code: TPX). At the close of business on 31 October, Bay Energy will change its name to Trustpower Limited and their ticker code to TPW. Trading in Tilt Renewables and the new Trustp...

01/11/2016 13 EN

Underlying

Trustpower

Trustpower is an electric power generation and retail group based in New Zealand. Co. and its subsidiaries are engaged in the development, ownership and operation of electricity generation facilities from renewable energy sources and the retail sale of electricity and telecommunications services to its customers. Co. owns and maintains 36 small to medium size Hydro Generating Stations and two Wind Farms, with a further Wind Farm in South Australia. Co. is engaged in the production of electricity from renewable sources and its power stations produce enough electricity for around 220,000 New Zealand households.

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NZTPXE0001S5 NZX New Zealand

Provider

Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Analysts

Adrian Atkins

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Trustpower is a renewable energy operator paying reliable dividends.

Morningstar | Trustpower Reports In Line FY19 Result; FVE Up 3%

Morningstar | Trustpower Offers a Solid Dividend Yield, But Don't Expect Much Earnings Growth

Trustpower Reports In Line FY19 Result; FVE Up 3%

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Sasol Provides Full-Year Production Update

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

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