Contact Energy grows geothermal capability with Western Energy Services acquisition
7 April 2021
Buddle Findlay has advised Contact Energy on its acquisition of Western Energy Services. Contact purchased 100% of the shares in Western Energy Services, a specialist geothermal well service company based in Taupō, on 31 March 2021.
Contact and Western Energy Services have worked closely together over a number of years to jointly develop innovative technology that has materially lowered the cost of Contact’s geothermal operations.