There's a third party involved in the Government's partnership with NZ Steel to reduce emissions.

Contact Energy will provide 30 megawatts of renewable electricity in a flexible off-peak arrangement.

Contact Energy CEO Mike Fuge says the company has had a long-term relationship with NZ Steel and there's been extensive engagement in the past through their subsidiary.

"Remember, the New Zealand Steel deal comes on in 2026, and we in particular at Contact are investing over $1 billion in new capacity." 

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