John Clarke: Transpower CEO on their $1 million contribution to a regional energy package for Northland

The Mike Hosking Breakfast - A podcast by Newstalk ZB - Mondays

A token for the Northland community in the aftermath of the collapsed pylon calamity.   Power was cut to about 88,000 homes and businesses in June, when an Omexom worker unfastened three legs of a Transpower pylon.   The electricity provider and its contractor are now putting $1 million towards a regional energy package, to be used for community projects and economic development.   Transpower Chief Executive John Clarke told Mike Hosking he recognises the scale of economic loss is far greater.   He says Transpower is responsible for its contractor and is comfortable with a 50-50 arrangement.  Clarke told Hosking that it’s not about compensation, but rather it’s something to help the Northland community move forward and deal with some of its challenges.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

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