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NZ Windfarms halts dividends as low power prices bite

Company ‘making progress’ on plans for repowering project.

NZ Windfarms wants to replace its two-bladed turbines with larger three-bladed structures.

NBR Staff Tue, 28 Feb 2023

NZ Windfarms has suspended dividend payments to buttress its balance sheet against low wholesale power prices as it prepares for further infrastructure investment.

Announcing its results for the half year to December, the company said it was “making progress on the development of commercial

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NBR Staff Tue, 28 Feb 2023
Contact the Writer: editor@nbr.co.nz
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NZ Windfarms halts dividends as low power prices bite
Investment,
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