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Meridian Energy acquires NZ Windfarms for $91M, planning to boost capacity and create jobs.
Meridian Energy is acquiring NZ Windfarms Limited (NZWF) for $91 million through a Scheme Implementation Agreement, pending shareholder and court approval.
This includes a 50-50 joint venture for the Te Rere Hau Wind Farm repowering project.
The acquisition will allow for the installation of up to 39 new turbines, increasing generation capacity to 170MW and creating regional jobs.
The project aims to boost energy security and generate seven times the annual renewable energy of current turbines.
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Meridian Energy adquiere parques eólicos de Nueva Zelanda por $91M, planeando aumentar la capacidad y crear empleos.