Todd

What Todd does

Todd is a privately held, family-owned New Zealand enterprise founded in 1884, operating across four portfolio areas: energy, natural healthcare, property, and minerals. Its core business is energy — Todd controls 38% of New Zealand's natural gas production (37 PJ annually), produces 1,017 kbbl of liquids and 40 kt of LPG, generates 697 GWh of electricity annually, and operates 9 energy facilities across the country. Through three retail brands — Nova Energy (73,000 customers), Megatel (11,000 customers), and Wise Prepay (6,000 customers) — Todd supplies electricity and natural gas to over 90,000 residential and business customers in New Zealand, plus 35,000 retail natural gas connections.

The company's technology base is integrated physical infrastructure rather than software: upstream natural gas production assets, electricity generation, and a downstream multi-brand retail platform with award-winning customer support (2025 NZ Compare Awards). Todd is currently building the Kapuni Project — New Zealand's first integrated wind (25.6 MW) and green hydrogen (5 MW electrolyser, up to 2 tonnes/day) facility in South Taranaki, in partnership with Hiringa Energy, Ballance Agri-Nutrients, PKW, and MBIE, with Westpac NZ financing; the project reached financial close in February 2026 and is targeted for 2027 operation. Beyond energy, Todd wholly owns Integria Healthcare (herbal, nutritional, and complementary healthcare products sold globally), holds Todd Property (2 commercial/residential development assets), and has a minority investment in Northcliff Resources (Sisson Tungsten-Molybdenum Project, New Brunswick, Canada).

Todd's revenue model is subscription-recurring utility billing across its three retail energy brands, supplemented by wholesale natural gas, electricity generation sales, and diversified income from healthcare products and property. Pricing is quote-based and not publicly disclosed. The company is led by CEO Evan Davies with a Board combining family and independent directors, and has approximately 580 employees. The Todd Foundation, established in 1972, supports community initiatives and represents a long-tenured stakeholder engagement layer.

Name

Todd

Legal name

Todd

Website

https://toddcorporation.com

Company type

Private

Founded year

1884

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Todd is a family-owned New Zealand enterprise founded in 1884, producing 38% of the country's natural gas and supplying electricity and gas to 90,000+ customers through Nova Energy, Megatel, and Wise Prepay, with diversified holdings in healthcare, property, and minerals.

Ownership category

akta.pro rank

Headquarters

HQ city

Wellington

HQ country

New Zealand

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Natural Gas Production and Wholesale: Todd produces and wholesales natural gas in New Zealand, controlling 38% of the country's natural gas production. Produces 37 PJ of gas annually along with 1,017 kbbl liquids and 40 kt LPG.
2. Electricity Generation and Retail: Generates 697 GWh of electricity annually and retails electricity to over 90,000 homes and businesses across three consumer brands.
3. Retail Energy Customer Base: Retail electricity and gas to residential and commercial customers through Nova Energy, Megatel, and Wise Prepay brands, serving approximately 90,000+ customers.
4. Natural Healthcare Products: Integria Healthcare manufactures, wholesales and retails herbal, nutritional and complementary healthcare products globally.
5. Property Development: Todd Property invests in and manages commercial and residential property development projects.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Todd is a family-owned New Zealand company that produces, wholesales, and retails natural gas and electricity through vertically integrated operations, controlling 38% of New Zealand's natural gas production and serving over 90,000 homes and businesses across three retail brands (Nova Energy, Megatel, Wise Prepay). Beyond energy, Todd operates Integria Healthcare (herbal and nutritional healthcare products), Todd Property (commercial and residential property development), and holds a minerals investment in Northcliff Resources.

Product overview

Todd is a future-focused, family-owned New Zealand business operating a multi-brand portfolio. In energy, Todd produces natural gas and generates electricity through three retail brands: Nova Energy (73,000 customers), Megatel (11,000 customers), and Wise Prepay (6,000 customers), collectively serving over 90,000 customers. The company also operates 9 energy facilities and produces 37 PJ of natural gas annually. Beyond energy, Todd holds investments in natural healthcare through Integria Healthcare, property development through Todd Property, and minerals through Northcliff Resources. The Kapuni Project represents Todd's major renewable energy initiative—a green hydrogen facility expected to be operational in 2027. The company also maintains strategic partnerships across diverse sectors including agriculture, infrastructure, and Indigenous organizations.

Differentiator

Problem solved

Functional benefit

Brands

• Nova Energy: Retail electricity and gas brand serving 73,000 customers, awarded Best Customer Support - Broadband, Best Customer Support - Mobile, People's Choice Award - Mobile, People's Choice Award - Power at 2025 NZ Compare Awards
• Megatel
• Wise Prepay
• Todd Foundation
• Todd Energy
• Todd Property

Products and services

• Nova Energy Retail electricity and gas brand serving approximately 73,000 homes and businesses in New Zealand, offering electricity supply with award-winning customer support in broadband, mobile, and power categories.
• Megatel Retail electricity brand serving approximately 11,000 homes and businesses in New Zealand.
• Wise Prepay Prepay electricity brand serving approximately 6,000 homes and businesses in New Zealand, providing prepaid electricity services.
• Integria Healthcare Manufactures, wholesales and retails a suite of high-quality herbal, nutritional and complementary healthcare products in markets around the world. Part of Todd's natural healthcare portfolio.
• Todd Property Invests in and manages the development of attractive, well-designed commercial and residential property projects, holding 2 property assets.
• Kapuni Project New Zealand's largest integrated wind and green hydrogen production facility in South Taranaki, featuring 25.6 MW of wind capacity and a 5 MW electrolyser producing up to two tonnes of green hydrogen daily. Expected operational in 2027.

Quantifiable outcome

• 38% of New Zealand's natural gas production
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and minor.

• Hiringa EnergycoreStrategic or Co-development Partner · 6 February 2026Hiringa Energy leads the Kapuni Project, a landmark integrated wind and green hydrogen production facility in South Taranaki. Todd is a key partner in this initiative, which represents New Zealand's largest green hydrogen production capacity and is positioned as a key milestone for the country's energy transition.
• Ballance Agri-NutrientscoreStrategic or Co-development Partner · 6 February 2026Ballance Agri-Nutrients is a key partner in the Kapuni Project, collaborating on integrated renewable energy and green hydrogen production in South Taranaki. The project will help decarbonize transport, energy, industry, and agriculture sectors.
• Parininihi ki Waitōtara (PKW)coreStrategic or Co-development Partner · 6 February 2026PKW is a partner in the Kapuni Project, representing Māori interests in the integrated renewable energy and green hydrogen initiative in South Taranaki.
• Ministry of Business, Innovation and Employment (MBIE)coreStrategic or Co-development Partner · 6 February 2026MBIE is a government partner in the Kapuni Project, supporting the integrated renewable energy and green hydrogen production facility as part of New Zealand's energy transition strategy.
• Northcliff ResourcesminorOthersTodd holds an investment in Northcliff Resources, a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production.
• Integria HealthcarecoreOthersTodd owns Integria Healthcare, which manufactures, wholesales and retails a suite of high-quality herbal, nutritional and complementary healthcare products in markets around the world.

Scale indicators10 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Genesis Energy: NZ-listed energy company generating electricity (gas, wind, hydro) and retailing to ~500,000 customers under the Genesis Energy brand plus the Energy Online and GloBaby brands. Closest large-scale comparable to Todd's generation-plus-retail franchise.
• Contact Energy: NZ-listed generator-retailer operating geothermal, wind and gas-fired generation supplying electricity and gas to residential and business customers. Comparable generation mix (gas + renewables) and retail customer model to Todd Energy.
• Mercury NZ: NZ-listed generator and multi-brand retailer of electricity (Mercury, Bosco, GLOBUG) with renewable-heavy generation. Directly comparable to Todd's vertically integrated electricity value chain and Nova/MegaTel/Wise Prepay multi-brand retail model.
• Vector Limited: NZ-listed infrastructure company with electricity and gas distribution networks, metering, and energy services (including Vector Energy Solutions). Comparable to Todd on the gas/electricity distribution and customer-facing energy services side.
• Meridian Energy: NZ's largest renewable generator (hydro, wind) and electricity retailer, ~400,000+ customers. Competes with Todd's retail brands and provides a benchmark for the renewables transition path Todd is pursuing via Kapuni.
• Manawa Energy: NZ-listed renewable generator (formerly Trustpower's generation business) producing hydro, wind, and solar electricity sold into the wholesale market. Comparable wholesale-generation profile to Todd's electricity generation output of 697 GWh.

Regional players

• Z Energy: NZ's largest fuel retailer (now part of Ampol), supplying petrol, diesel and increasingly EV charging. Adjacent comparable to Todd on the New Zealand downstream energy retail side, though focused on liquid fuels rather than electricity/gas.

Broad incumbents

• Infratil: NZX-listed infrastructure investor with material NZ energy exposure (former long-term holder of Contact Energy, currently owns/manages renewable and data infrastructure). Comparable as a diversified NZ infrastructure holding with an energy transition thesis, though broader in scope than Todd's operating focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/todd-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Todd