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.

Around 3000 homes and businesses remain without power, following widespread and significant damage from Cyclone Gabrielle.

As of 8am, around 5,500 homes and businesses remain without power, with more than 35,000 restored since Tuesday afternoon.

We've reconnected 34,000 homes and businesses since Tuesday, 14 February.