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Genesis Energy (NZSE:GNE) Allowance For Loans And Lease Losses


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What is Genesis Energy Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Genesis Energy Business Description

Traded in Other Exchanges
Address
155 Fanshawe Street, Genesis Energy Level 6, Wynyard Quarter, Auckland, NZL, 1010
Genesis Energy is one of New Zealand's leading producers of electricity, accounting for more than 15% of the country's total generation. The firm enjoys a strong retail presence, with the highest retail market share, at over 25%. The company has a mix of renewable and thermal assets, with the latter accounting for about 55%-60% of the firm's overall production. The company has a 46% interest in the Kupe oil and gas field.