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%.
Christchurch International Airport reports annual result, including $27.6m dividend.
A partnership funded by Hong Kong interests should have gained permission before buying the property, LINZ says.
BWA Insolvency’s quarterly report shows construction firm failures are up 78% on a year ago: ‘A miscalculation can prove to be fatal, as is so often the case.’
Agreeing in principle to the $2b deal, subject to public consultation, is a major step forward, says Auckland Mayor Wayne Brown.
Net profit jumps 34% to $175 million, with the economic chill starting to bite in second half.
Company debt increased by more than half over the year.
POAL chief executive Roger Gray is confident the company will hit its profit target for FY24.
New sector accord looks to introduce benchmarking for firms to prove their financial health.
Indevin says the move will simplify operations at the cost of 14 roles.