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Light winds and derivatives hit NZ Windfarms result

Wind generator has higher prices locked in for the current year.

NBR staff
Mon, 30 Aug 2021

Realised losses on its fixed-price power agreements dragged down full-year profits at NZ Windfarms, owner of the Te Rere Hau windfarm near Palmerston North, although current high prices are expected to feed into higher profits next year.

In financial statements posted to the NZX, NZ Windfarms

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NBR staff
Mon, 30 Aug 2021
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Light winds and derivatives hit NZ Windfarms result
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