News

Todd Corporation media releases, presentations and other news items are available on this page.

Media releases and news can also be found on the following websites:

Todd Energy

Todd Foundation

FMS Shareholders approve transaction with BBIG to develop PIOP

03/03/2020

The Board of BBIG is pleased to announce the shareholders of Flinders Mines Limited (FMS) have approved the forming of an incorporatedjoint venture, PIOP Mine Co, to develop the Pilbara Iron Ore Project (PIOP). BBIH a subsidiary of BBIG will be appointed as Manager of PIOP and will concurrently develop the BBIG Project, with PIOP Mine Co a foundation customer.

Please refer to the following links on the FMS website outlining the shareholder approval obtained and the meeting documentation, outlining the terms of the approved transaction:

Results of Meeting: http://flindersmines.com/wp-content/uploads/20200303_Results-of-Meeting.pdfNotice of Meeting for approval of the Proposed Transaction with BBIG: http://flindersmines.com/wp-content/uploads/20200130_Notice-of-Extraordinary-General-Meeting-Proxy-Form.pdf

Boost to Pacific Islands renewable energy

09/12/2019

Todd Generation has invested to become the majority shareholder in Sunergise International Ltd, the leading developer and operator of solar generation in the Pacific Islands.

The initial funding will enable Sunergise International Ltd to progress grid-connected solar farms in Tonga and Fiji during 2020, displacing more than 8,500 tonnes of CO2 emissions each year.

Click here to read the full media release.

Todd Property sells assets

30/09/2019

Todd Property Group has executed an unconditional agreement to sell the majority of its land development and property investment assets to NZ PropCo Limited, a New Zealand based investment entity owned by Templeton Group, Alvarium Investments and Tailorspace Limited.

The assets included in the sale are the complete and near complete developments at Long Bay Village Retail, Stonefields Market and Pegasus Town; undeveloped land sites at Ngunguru, Napier Hill, Long Bay and Stonefields; shares in Kapiti Coast Airport Holdings Limited, the entity that owns Kapiti Coast Airport and Kapiti Landing; and rights to develop future stages of Ormiston Town Centre and Flat Bush School Road.

Todd Property Group managing director Evan Davies will continue to lead a small group of staff who will complete or sell assets not included in the agreement, including undeveloped land at Okura and the Ormiston Retail Centre and Medical Centre under development.

Todd acquires two energy businesses

03/07/2019

Todd’s Downstream Energy Division has acquired two new kiwi businesses.

MegaTel is an innovative multi-utility provider. They offer multi-language billing, live video on demand, mobile, prepaid power and wireless broadband.

Sunergise NZ is a commercial and industrial solar power utility company that offers solar power as a service.

Nova Energy powers up broadband, phone and energy bundles

07/11/2018

Nova Energy, a subsidiary of Todd Corporation, has confirmed plans to offer high-speed broadband and phone services to go along with their power and natural gas, as the company expands into the telecommunications market for the first time.

Click here to read the full media release.