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Orion Annual Result Spurred On By Record Growth


Thursday, 1 July 2021, 11:23 am
Central Canterbury electricity distribution company,
Orion, announced a record number of new customers were
connected to its network in the 12 months to 31 March in its
annual results released today.
More than 4,100 new
residences and businesses were connected to the local power
supply, reflecting strong growth in central
Canterbury.
On the back of the resulting increase in
total power consumption, the company announced it had made a
$33m profit after tax for the year to 31 March
2021.
Interim Orion Group Chief Executive, Jono Brent,
said customer number growth had exceeded
expectations.
“We have been connecting around 3,000
new customers per year for the past 20 years and had ....

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Business Scoop » Orion Annual Result Spurred On By Record Growth


Press Release – Orion New Zealand Limited
Central Canterbury electricity distribution company, Orion, announced a record number of new customers were connected to its network in the 12 months to 31 March in its annual results released today. More than 4,100 new residences and businesses were …
Central Canterbury electricity distribution company, Orion, announced a record number of new customers were connected to its network in the 12 months to 31 March in its annual results released today.
More than 4,100 new residences and businesses were connected to the local power supply, reflecting strong growth in central Canterbury.
On the back of the resulting increase in total power consumption, the company announced it had made a $33m profit after tax for the year to 31 March 2021. ....

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Orion Group appoints new chief executive


Powerco CEO Nigel Barbour will move to Christchurch to take up the Orion role on July 1.
Thu, 11 Mar 2021
Nigel Barbour
The Orion board today announced the appointment of Nigel Barbour as the company’s new group chief executive.
Nigel is currently chief executive of Powerco and will move to Christchurch and take up the role on July 1, 2021.
As group chief executive, Barbour will lead the Orion Group, which comprises the central Canterbury electricity distribution business, Orion, and its wholly owned subsidiary, Connetics, which provides design, construction, and maintenance services to the electricity distribution industry in New Zealand.
Barbour will be responsible for a combined asset base of $1.2 billion and more than 600 staff. ....

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