NZ Windfarms halts dividends as low power prices bite
Company ‘making progress’ on plans for repowering project.
NZ Windfarms wants to replace its two-bladed turbines with larger three-bladed structures.
NZ Windfarms has suspended dividend payments to buttress its balance sheet against low wholesale power prices as it prepares for further infrastructure investment.
Announcing its results for the half year to December, the company said it was “making progress on the development of commercial
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