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The Electricity Corporation of New Zealand Ltd (ECNZ), also known as Electricorp[1] is a New Zealand state-owned enterprise (SOE) formed on 1 April 1987, as a transition entity in the process of deregulating the New Zealand electricity market. Most of ECNZ's remaining liabilities were resolved in the late 2000s, and ECNZ is now[update] a residual entity with the sole remaining task of winding up a series of land title issues.[2][3]