{"id":2875,"date":"2014-02-25T18:16:21","date_gmt":"2014-02-26T02:16:21","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=2875"},"modified":"2014-02-25T18:16:21","modified_gmt":"2014-02-26T02:16:21","slug":"new-zealand-government-will-sell-stake-in-3rd-state-owned-power-company","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/02\/25\/new-zealand-government-will-sell-stake-in-3rd-state-owned-power-company\/","title":{"rendered":"New Zealand government will sell stake in 3rd state owned power company"},"content":{"rendered":"<p><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/02\/shutterstock_90363409.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-2876\" alt=\"shutterstock_90363409\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/02\/shutterstock_90363409-300x300.jpg\" width=\"300\" height=\"300\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/02\/shutterstock_90363409-300x300.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/02\/shutterstock_90363409-150x150.jpg 150w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/02\/shutterstock_90363409.jpg 500w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<hr align=\"left\" width=\"90%\" \/>\n<hr align=\"left\" width=\"90%\" \/>\n<p>WELLINGTON, New Zealand &#8211; New Zealand&#8217;s government has announced plans to sell a slice of a third state-owned power company as the final step in a contentious program of asset sales.<\/p>\n<p>Finance Minister Bill English said in a speech Wednesday that it planned to list Genesis Energy on the stock market in mid-April. He said the government would sell between 30 and 49 per cent of the company depending on demand.<\/p>\n<p>Over the past year, the conservative government has raised about 4 billion New Zealand dollars ($3.3 billion) by selling 49 per cent stakes in energy companies Mighty River Power and Meridian Energy. It also sold a 20 per cent stake in national carrier Air New Zealand.<\/p>\n<p>More than two-thirds of New Zealanders who voted in a referendum last year said they opposed the sales.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WELLINGTON, New Zealand &#8211; New Zealand&#8217;s government has announced plans to sell a slice of a third state-owned power company &hellip;<\/p>\n","protected":false},"author":44,"featured_media":2876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[561,563,537,562],"class_list":["post-2875","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-as","tag-asset","tag-new","tag-zealand","mauthors-the-associated-press"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/2875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=2875"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/2875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/2876"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=2875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=2875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=2875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}