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Windfarms CFO to depart at end of January

New Zealand Windfarms says its chief financial officer Garry Forward will resign from January 29, "to pursue independent consultancy".

Mr Forward will remain available as a part-time consultant to the company.

"We will evaluate ongoing requirements for the role and the options for meeting those requirements before making a final decision," chief executive Steve Cross said in a statement.

Windfarms warned on August 28 that it was uncertain as to whether it could continue as a going concern.

The company is also in dispute with Christchurch-based turbine supplier, Windflow Technology, and withholding payments pending successful IEC accreditation of Windflow's two-bladed turbine technology.

NZ Windfarms is installing Windflow turbines at its Te Rere Hau site in the Manawatu. It is still Windflow's sole customer.

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