The New Zealand electricity industry has four main sectors: generation, transmission, distribution and retail. Horizon Energy is one of New Zealand's 28 electricity distribution companies and is consistently ranked amongst the top 10 for financial performance.

Horizon Energy is a publicly listed company governed by a Board of Directors to and managed by a strong Executive team. Horizon Energy has been listed on the
New Zealand Stock Exchange (NZX) since 1994. The Eastern Bay of Plenty Energy Trust is the largest shareholder owning 77.29%.

Horizon Energy's objective is to ensure that value is created for all stakeholders by:

• Providing High quality service to users of the network both for the distribution of energy or for the maintenance of lifestyle.
• Being a highly effective electricity network owner and manager.
• Leveraging advantage from its expertise and resources to grow the company.

Horizon Energy serves its stakeholders well through the delivery of solid financial performance and strong capital growth.

Horizon Energy's employees comprise the disciplines of management, engineering, operational, financial, information technology and administration to ensure the company is able to best meet its objective. Additionally, the company utilises contracting firms to undertake its network maintenance and expansion needs.

Horizon Energy is committed to supporting the community through quality service, sound business performance and targeted sponsorship opportunities. Horizon Energy has an ongoing partnership as the naming rights sponsor of 'Stadium Horizon', an internationally rated hockey turf facility in Whakatane.

Encouraging student to embark on a career in the electrical industry is the objective behind a two-year scholarship for third and fourth year university students studying Bachelor of Engineering (electrical) degree comprising a grant and holiday employment.