Ventia has signed a contract with Transpower New Zealand Limited (Transpower) to operate, maintain and provide specialist electrical and telecommunication services to New Zealand's national electricity grid. In a continuation of more than 25 years' service to Transpower, Ventia will operate under a Transmission Grid Services contract and membership of the Contestable Work Panels. The initial five-year contract is expected to generate approximately NZD 300 million in revenue for Ventia.

Commencing in August 2022, the base contract is for a five-year term with further extension options of up to five years. Ventia will operate across two separate regions, encompassing the lower North Island and upper South Island, and have opportunity to provide Capital Projects across all regions as part of panel agreements.