Bloomberg News

New Zealand’s Mighty River Agrees to Study Geothermal Generation

November 07, 2011

Nov. 7 (Bloomberg) -- Mighty River Power Ltd., a New Zealand government-owned generator, has agreed to study and develop a geothermal project on the Taheke field, near Rotorua on the nation’s North Island.

The Te ia a Tutea Development will proceed with support from Okere Inc. and Ruahine Kuhara Inc. who represent local Maori interests, Auckland-based Mighty River said in a statement.

Link to Statement:{NSN LU9SU13MMTC0 <GO>}

To contact the editor responsible for this story: Tracy Withers at twithers@bloomberg.net


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