Meridian Energy has confirmed the go-ahead for Project Te Uku – a $200 million wind farm project near Raglan.
Part of a renewable energy plan, the project is consented and will be on private land on the Wharauroa Plateau, about 30km west of Hamilton.
Built in partnership with community trust-owned Waikato electricity distribution company, WEL Networks, the 64 megawatt (MW) wind farm will generate enough power to supply 30,000 homes.
Meridian chief executive Tim Lusk said the company was confident it was a sound investment proposition and conferred considerable benefits to Meridian as a South-Island based generator.
It was also efficient from a transmission perspective, embedded in the local network, he said.
Meridian was also investigating a possible windfarm site in South Wairarapa.