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Genesis energy–charged for change

Shared Lunch

So how does gentailer (generator-retailer) Genesis leverage its maligned coal and gas assets to help forge a new future in renewables? 

New CEO Malcolm Johns tells us why he took on one of the biggest challenges in the energy sector. He says the so-called ESG discount applied to the Genesis share price will be harder for the market to justify under its new strategy.

Our conversation also covers how Genesis plans to cut costs, its lower dividend, and shoring up  national supply when hydro, wind and solar are down. 

Brought to you by Sharesies, with BusinessDesk

Shared Lunch is hosted by BusinessDesk journalists including Frances Cook. 

Each week, we’ll alternate between an interview with a company leader and an industry deep dive.

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Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your circumstances, objectives, or needs. We do not provide recommendations and you should always read the disclosure documents available from the product's issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. 

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