Lodestone Energy completes $50m raise to carry on building

Lodestone Energy completes $50m raise to carry on building
Lodestone has three operating solar farms. (Image: BusinessDesk)
Greg Hurrell
Lodestone Energy has completed a $50 million capital raise from existing investors to continue developing its solar farm sites.It currently has three operating solar farms in the North Island, a fourth under construction in the Coromandel, and a pipeline of other planned projects around the country.Investors included the Purpose Capital Impact Syndicate, which increased its total investment in Lodestone to $21m.The syndicate includes the Purpose Capital Impact Fund, Tauhara North No2 Trust, and Trust Horizon, along with individuals and family t...

More Energy

EPA applies to liquidate company on fast-track list
Policy

EPA applies to liquidate company on fast-track list

Energy Farms did not pay costs relating to the application process.

Gas reserves falling faster and sooner says MBIE
Energy

Gas reserves falling faster and sooner says MBIE

Natural gas reserves were 27% lower on the year on Jan 1

Rebecca Howard 05 Jun 2025
Genesis takes another step in increasing NZ's battery capacity
Markets

Genesis takes another step in increasing NZ's battery capacity

Grid-scale batteries add to the mix, but questions remain over economic viability.

Ian Llewellyn 05 Jun 2025
Winter electricity outlook brightens, Tiwai smelter revs up
Energy

Winter electricity outlook brightens, Tiwai smelter revs up

New electricity contracts have created both flexibility and value for the smelter.

Pattrick Smellie 03 Jun 2025