What’s at stake: Securing local and Māori investment of critical renewable energy infrastructure supporting New Zealand's sustainability and energy independence.
Background: After an international equity raise managed by PwC, Pioneer Energy sought partners to finance future growth, selecting a Māori-led group aligned with community values.
Main players: Tōtara Energy LP (consortium of Māori trusts and impact investors), Pioneer Energy Group, and Central Lakes Trust (majority owner).
In an investment described as “rare” and a first for the Māori economy, Māori-led consortium Tōtara Energy LP has secured a strategic 30% stake in Pioneer Energy Group, in a deal understood to significantly exceed previous public valuations, after a competitive international process managed
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Key points
What’s at stake: Securing local and Māori investment of critical renewable energy infrastructure supporting New Zealand's sustainability and energy independence.
Background: After an international equity raise managed by PwC, Pioneer Energy sought partners to finance future growth, selecting a Māori-led group aligned with community values.
Main players: Tōtara Energy LP (consortium of Māori trusts and impact investors), Pioneer Energy Group, and Central Lakes Trust (majority owner).
