Genesis Energy Sets A$1.73 Pricing for A$-Leg of NZ$300m Rights Issue
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Genesis Energy Limited has announced a pricing of A$1.73 for its 1-for-7.9 pro rata renounceable rights offer, aiming to raise approximately NZ$300 million from existing shareholders. The offer opens on 4 March 2026, allowing eligible investors to maintain or adjust their holdings while considering currency factors between New Zealand and Australia. Genesis Energy is a major energy retailer in New Zealand, generating revenue from a mix of thermal and renewable sources, and holds a significant stake in the Kupe Oil and Gas Field.
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