Kapiti News - 2021-07-21


The Electra Group

Property Guide

The Electra Group works together to deliver a range of products and services that contribute to the Group’s overall financial performance and the value we provide to our owners - the consumers connected to the Electra network. We are also committed to supporting regional growth and the wellbeing of the communities we serve. ELECTRA LIMITED an electricity network company, based in Levin with a branch in Paraparaumu, employing 116 people. ELECTRA SERVICES LIMITED trading as SECURELY®, employing 54 people and based in Levin, the company is a medical alarm and security monitoring business as well as a call centre business. HOROWHENUA DEVELOPMENTS LIMITED an investment (25%) in a large-scale commercial property development company, based in Levin. QUAIL RIDGE COUNTRY CLUB an investment (49.9%) in an established and well-run retirement village in Kerikeri in the Far North. ELECTRA GENERATION LIMITED the Auckland-based assets of this business were sold in 2020 – the company continues to collect revenue relating to past periods. It is expected to formally close in 2022 once this process is complete.


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