Wholesale Fund V aims to provide seed capital for development of a portfolio of 18 large-scale wind, solar, and battery storage projects, targeting returns of 20%.
Incentive payments, coal reduction expected to boost sustainability in 2021.
CEO sees need for RBNZ action in medium to long term.
AFT’s medical cannabis partner Setek no longer plans to grow its own crop.
The move is expected to provide a cheaper way to deal with future claims.
Bank reports 38% profit fall, sees lower margins ahead.
Ares’ offer has an implied value of $A1.85 a share.
Prospect part-owned by NZ Oil & Gas.
Outgoing chief executive Mark Cairn's fishing skills got a mention at his final annual meeting.
Annual meeting hears company must raise money to pay bills.