Lodestone Energy completes $50m raise to carry on building

Lodestone has three operating solar farms. (Image: BusinessDesk)

Thu, 05 Jun 2025

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...

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