Genesis Energy Limited is a leading utility company specializing in the production and supply of electricity, natural gas, and liquefied petroleum gas (LPG) in New Zealand. As a significant independen... Genesis Energy Limited is a leading utility company specializing in the production and supply of electricity, natural gas, and liquefied petroleum gas (LPG) in New Zealand. As a significant independent power producer, it is responsible for over 15% of the nation's total electricity generation and holds the highest retail market share in the sector, supplying more than a quarter of New Zealand’s residential and business energy consumers. Genesis Energy operates a diversified generation portfolio, combining both renewable assets and thermal power plants, with thermal sources historically comprising a substantial portion of its output. The company is also engaged in upstream activities through its stake in the Kupe oil and gas field, supporting its vertically integrated energy model. Genesis Energy’s operations span several business segments, including retail services for end users, wholesale marketing and fuel supply, exploration and production, and central corporate functions. Recognized as a defensive stock, it plays a central role in ensuring national energy security and stability, while also adapting to the evolving landscape of energy generation and retailing in the Australasian market.