Meridian Energy and NZ Windfarms have struck a deal, aiming to further New Zealand’s venture towards net zero emissions.
The joint-venture is to expand Te Rere Hau wind farm near Palmerston North, estimated costs sitting between $500 million and $600 million.
Meridian’s CEO, Mike Roan, told Mike Hosking that they plan to remove the existing wind farm and build new turbines at the site.
He said that it’s a big challenge to decarbonize the economy, and partnerships between local wind farms and major corporations will allow the projects to get off of the ground.
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