Light winds and derivatives hit NZ Windfarms result
Wind generator has higher prices locked in for the current year.
NBR staff Mon, 30 Aug 2021
Realised losses on its fixed-price power agreements dragged down full-year profits at NZ Windfarms, owner of the Te Rere Hau windfarm near Palmerston North, although current high prices are expected to feed into higher profits next year.
In financial statements posted to the NZX, NZ Windfarms
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