SolarZero hits a big BlackRock

SolarZero hits a big BlackRock
BlackRock executives gave the then Labour Government a great photo opp at its fund launch in August 2023. (Image: NZME)
Pattrick Smellie
What to make of the sudden, surprise announcement last night that global investment fund BlackRock has forced the liquidation of rooftop solar electricity firm SolarZero?So far, no one is talking in any detail about why this has happened beyond a statement from SolarZero directors that “unsustainable operating losses and liquidity constraints” had forced their hand.But hang on.Liquidity constraints? BlackRock is the world’s largest asset manager, with US$11.5 trillion ($19.6t) of funds under management – just shy of 80 t...

More Infrastructure

Big names for Wellington Water board
Finance

Big names for Wellington Water board

Credit rating agency warns that water reforms are no council debt panacea.

Pattrick Smellie 31 Oct 2025
US$411b on the table: will NZ claim a slice?
Primary Sector

US$411b on the table: will NZ claim a slice?

Infrastructure will be a major focus of the NZ EU Summit, but Ukraine might be too.

Dileepa Fonseka 24 Oct 2025
Wellington Airport's half-year passenger numbers down, net loss up
Infrastructure

Wellington Airport's half-year passenger numbers down, net loss up

A fall in domestic passenger numbers has been blamed on Air NZ's fleet problems.

Staff reporters 23 Oct 2025
Marsden Maritime Holdings CEO Rosie Mercer standing down
Infrastructure

Marsden Maritime Holdings CEO Rosie Mercer standing down

Marsden Maritime Holdings' chief executive, Rosie Mercer, is stepping down at the end of the year.After three years in the job, she said the decision was a natural transition point for her and the company, as Marsden Maritime Holdings (MMH) was in a strong position and well-p...

Ian Llewellyn 23 Oct 2025