Financial Corporation Limited (FCL) is a 100% owned subsidiary specialising in the supply of metering equipment, data and associated services to retailers, developers and lines companies throughout New Zealand.
The Lines Company holds a 36% stake in Embrium via our subsidiary, FCL Metering. Embrium is an ‘early stage’ meter analytics business based in Wellington that develops and operates state-of-the-art energy information solutions. Embrium’s flagship service, GoodMeasure, offers customers easy access to real-time energy information, enabling sophisticated energy management and demand response services.
The Lines Company also develops small scale, low impact, hydrogeneration schemes across New Zealand.
We work with rural landowners to build low flow-over weirs in streams or rivers that have capacity to generate 500-5000kW of electricity to feed back into the local power network.
Participating landowners can choose to simply receive an annual percentage of the earnings from a scheme operating on their property, or they can purchase equity in the scheme itself.
Currently The Lines Company holds a 75% stake in Speedy’s Road Hydro Limited and operates hydrogeneration enterprises in its own right at Mangapehi and Matawai near Gisborne.
For further information relating to small scale generation onto distribution networks, please visit www.clearwaterhydro.co.nz