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This is a pleasing result for Trustpower in a dispute that has run for close to six years.
V.J. Hawksworth, Trustpower Chief Executive

The judgement has found in favour of Trustpower that around $17.7 million of feasibility expenditure incurred in progressing four renewable generation projects during its 2006 to 2008 tax years is deductible.

While the judgment remains open to appeal, this is a pleasing result for Trustpower in a dispute that has run for close to six years and required substantial time and resources to litigate.

V.J. Hawksworth 
Chief Executive