EPISODE · Feb 23, 2026 · 4 MIN
Govt invests $200 million into power firm Genesis
from Midday Report
The government is pouring in $200 million of taxpayers money into the power firm Genesis. The money is to make sure it keeps the Crown shareholding at or above 51% - and is needed because the government shareholding is to be diluted as Genesis embarks on a capital raise. Investment guru Sam Stubbs runs the fund manager company Simplicity and spoke to Guyon Espiner.
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Govt invests $200 million into power firm Genesis
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