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flag Meridian Energy acquires NZ Windfarms for $91M, planning to boost capacity and create jobs.

flag Meridian Energy is acquiring NZ Windfarms Limited (NZWF) for $91 million through a Scheme Implementation Agreement, pending shareholder and court approval. flag This includes a 50-50 joint venture for the Te Rere Hau Wind Farm repowering project. flag The acquisition will allow for the installation of up to 39 new turbines, increasing generation capacity to 170MW and creating regional jobs. flag The project aims to boost energy security and generate seven times the annual renewable energy of current turbines.

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