Eastland Generation seeks capital for ambitious project pipeline
Community-owned company offering 50% stake to fund development.
Eastland Generation's Te Ahi o Maui geothermal plant in the eastern Bay of Plenty.
A 50% stake in Eastland Generation is on the market as the power company seeks capital for what it says are further generation opportunities totalling hundreds of millions of dollars.
The community-owned company has hired Forsyth Barr to run the capital raise process.
Matt Todd, chief executive of
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