close
MENU
Business
5 mins to read

‘If it doesn’t work, we won’t do it’: Whineray on windfarms

Outgoing NZ Super Fund boss responds to questions about offshore windfarm economics.

WATCH: NZ Super Fund chief executive Matt Whineray speaks with Hamish McNicol.

Key points
  • Whats at stake: A large-scale offshore windfarm in the South Taranaki Bight, which could initially power more than 11% of the country’s current electricity demand capacity.
  • Background: Analysts at Forsyth Barr in August said offshore projects are too big and too expensive to work in the New Zealand market.
  • Main players: NZ Super Fund, Copenhagen Infrastructure Partners, Matt Whineray, Forsyth Barr.

The outgoing chief executive of the NZ Super Fund says it continues to scope a large-scale offshore windfarm in the South Taranaki Bight but the project could ultimately be ditched if the investment case didn’t stack up.

And he conceded that other projects around the world have been encouraged by

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Whats at stake: A large-scale offshore windfarm in the South Taranaki Bight, which could initially power more than 11% of the country’s current electricity demand capacity.
  • Background: Analysts at Forsyth Barr in August said offshore projects are too big and too expensive to work in the New Zealand market.
  • Main players: NZ Super Fund, Copenhagen Infrastructure Partners, Matt Whineray, Forsyth Barr.
‘If it doesn’t work, we won’t do it’: Whineray on windfarms
Business,
101834