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%.
The population boost to the economy is fading, while tourism is booming.
The selloff has halted but the Dow dropped into the red late in the session.
The Skyline model may end up being the country's most efficient international business expansion plan.
Watch Imogen Atkins' video of today's top stories.
Chief executive says this level of capital is hard to come by in New Zealand.
Substantial shareholder discusses the offer.
NZME forecasts a 21% decline in full-year earnings.
Analyst says currency weakness means NZ companies are for sale.
It was the 11th consecutive session in which prices fell or were flat.