Solar generator Lodestone moves into the electricity retail business

Lodestone has three solar farms operating and more on the way. (Image: NZME)

Thu, 17 Apr 2025

Solar electricity generator Lodestone Energy is entering the retail market. It will initially focus on the commercial and industrial sectors but will consider expansion if the market allows.The company has three solar farms running and a fourth under construction in Whitianga, with additional projects in development.Managing director Gary Holden said it was a “bold move” and becoming a retailer has its challenges.Independent retailers have recently complained that margins are slim and that it is difficult to get contracts from...

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