Annual report 2023

Eastland Group

2023 Overview

  • Challenging global and regional economic climate significantly affected company operations
  • Eastland Network sale netted $257.7m
  • $90m total distributions and repayments to the shareholder
  • Strategic capital raise and new geothermal project announced for Eastland Generation
  • Wharf 7 rebuild and new solar farm made steady progress
  • Record passenger numbers through Gisborne Airport
  • Supported regional response to Cyclone Gabrielle and other severe weather events
  • Company restructure positions it for the next stage of growth