Genesis is most likely to seek capital from the Government. (Image: NZME)Earnings for the gentailers are set for a sharp rebound this reporting season, as higher hydro storage and weaker wholesale prices are expected to unwind the damage from the dry winter of 2024. However, dividends are expected to remain restrained as the sector leans into a heavy build cycle.Forsyth Barr forecasts that the combined 1H FY26 ebitdaf (six months to Dec 31 2025) for Contact, Genesis, Mercury, and Meridian will rise by about 45% to $1.86 billion. It said the comparison is flattered by a weak first-half a year earlier, when tight hydr...