Nova Energy to sell its retail LPG Business to Genesis Energy

 

1 May 2017

Nova Energy has announced it has entered into a conditional agreement with Genesis Energy to sell its retail LPG Business – a deal which will provide ongoing employment to Nova’s LPG Field Operations Team.

The sale of Nova’s retail LPG Business, which holds a 16 per cent share of the New Zealand LPG market, will be finalised at the end of May 2017 and it will then transfer into Genesis Energy’s ownership.

Click here to read the full media release.