Forsyth Barr has slashed its earnings forecast for NZ Windfarms (NZX: NWF).At an annual meeting last week, NZ Windfarms revised its FY11 electricity revenue guidance down 41% to $5.3m, citing low wholesale electricity prices, delays to developing its Te R
Nina Fowler Wed, 10 Nov 2010
Forsyth Barr has slashed its earnings forecast for NZ Windfarms (NZX: NWF).
At an annual meeting last week, NZ Windfarms revised its FY11 electricity revenue guidance down 41% to $5.3m, citing low wholesale electricity prices, delays to developing its Te Rere Hau farm extension, and poor wind
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