Transpower New Zealand Limited and its subsidiary companies are collectively known as the Transpower Group. The Transpower Group contains the following subsidiary companies:
Halfway Bush Finance Limited
TB and T Limited
|These companies were formed during the 2003 cross-border lease transaction and do not undertake trading activities. Their purpose is to hold assets on behalf of the Transpower Group.|
|Risk Reinsurance Limited||Risk Reinsurance is Transpower’s captive insurance subsidiary. It is the primary insurer on the Transpower Group’s material damage and cables insurance programmes (both electricity and fibre optic). Risk Reinsurance reinsures a portion of this risk with third party insurers.|
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The subsidiaries are all New Zealand registered companies, apart from Risk Reinsurance Limited which is registered in the Cayman Islands.