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Business
3 mins to read
2

NZGIF lends Eastland $25m for Bay of Plenty geothermal project

Eastland is also raising capital for the project.

WATCH: Green Investment Finance chief investment officer Jason Patrick speaks with Brent Edwards.

Brent Edwards Wed, 30 Aug 2023

Eastland Generation has got a $25 million loan from Green Investment Finance to help construct connection assets for its new geothermal plant in Kawerau.

The loan will also enable the company to upgrade connections to its existing Te Ahi O Maui geothermal plant.

Green Investment Finance’s chief

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Brent Edwards Wed, 30 Aug 2023
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Eastland Group New Zealand Green investment Finance renewable energy geothermal electricity electricity distribution Transpower Finance capital raise Matt Todd
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