Tilt proceeding with Waipipi wind farm

Wed, 28 Aug 2019

By Gavin Evans Aug. 29 (BusinessDesk) - Tilt Renewables is proceeding with its $276 million Waipipi wind farm on the southern Taranaki coast. The project comprises 31 Siemens turbines, each with a capacity of 4.3 megawatts, and is expected to deliver about 455 gigawatt-hours of electricity annually. Genesis Energy has already agreed to buy the output under a 20-year contract. Tilt said its board approved the investment today and that financial close on the deal is expected within the coming month. “The business is delighted to be ab...

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