NZ Windfarms back in the black
NZ Windfarms Te Rere Hau.
NZ Windfarms, 20% owned by big gentailer Meridian, has reported a net profit of $146,294 for the year to June, up from a loss of $5.3 million a year earlier.
Revenue rose 34% to $15.5m.
The reported result featured a $5m reversal of a previous impairment of the Te Rere Hau windfarm near Palmerston
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NZ Windfarms back in the black
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