ChargeNet Limited and Vector Limited have announced the sale of eight of Vector’s public EV-charging sites in Auckland to ChargeNet

Vector (NZX:VCT) and QIC Private Capital Pty Limited (QIC) have today financially closed the sale of a 50% interest in Vector’s New Zealand and Australian metering business (Vector Metering) to investment vehicles managed and advised by QIC.  

Vector has today announced it will pass on an expected credit of $30 to Auckland electricity account holders, as payment of this year’s annual Loss Rental Rebate surpluses, covering the period to 31 March 2023.

As of 11am, around 2000 homes and businesses remain without power, following widespread and significant damage from Cyclone Gabrielle.