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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
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4 mins to read

Far North Solar a ‘credible counterparty,’ says NZGIF

Government financier says it was aware of Commerce Commission warning and consumer complaints over related solar energy company.

From left: NZGIF CEO Sarah Minhinnick, Transpower GM Raewyn Moss, FNSF directors Richard Homewood and John Telfer.

Tim Hunter Wed, 04 Sep 2024

Taxpayer-funded NZ Green Investment Finance says it “undertook detailed due diligence” before lending $78 million to a solar power company whose directors were warned for misleading conduct and making “unsubstantiated claims”.

On August 27, NZGIF announced it was providing a $78m facility to

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Tim Hunter Wed, 04 Sep 2024
Contact the Writer: thunter@nbr.co.nz
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Far North Solar a ‘credible counterparty,’ says NZGIF
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