Pacific Channel launches $30m-$50m renewable energy fund

Pacific Channel wants to catalyse a sixfold increase in NZ’s renewable energy. (Image: Getty)

Mon, 25 Aug 2025

Pacific Channel has launched a new fund worth between $30 million and $50m to fund renewable energy and storage projects around New Zealand.The venture capital firm’s Fund V will bring seven phase projects in the North Island to the shovel-ready stage. They are being developed by Kākāriki, a joint venture of NZ and overseas companies.The first seven projects will be a combination of solar and wind generation and battery storage systems (BESS), with an initial 2 gigawatts of generation.A further 18 projects around the country are in the lo...

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