Lodestone: building a billion-dollar company on sunshine

Lodestone: building a billion-dollar company on sunshine
Solar farms on an unobtrusive scale are resonating well with district councils, says Lodestone. (Image: Lodestone)
Ian Llewellyn
Lodestone Energy is steadily increasing its solar farm portfolio and is on track to become a billion-dollar company with a medium-sized solar array in towns all around New Zealand.The company has two solar farms and recently broke ground near Whitianga, part of its phase one programme, which includes solar farms near Kaitaia, Edgecumbe and Waiotahe.Construction on more sites in Dargaville, Manawatū and Canterbury is expected to start in 2025.Lodestone plans 18 utility-scale solar projects in its phase two and phase three development plans.Manag...

More Energy

Jarden sees Mercury, Genesis upside
Markets

Jarden sees Mercury, Genesis upside

Energy margin data points to earnings upgrades for both gen-tailers.

Pattrick Smellie 21 Jan 2025
The billionaire who bet on coal's future – and won big
Energy

The billionaire who bet on coal's future – and won big

Low Tuck Kwong has built a fortune from the world’s dirtiest fossil fuel.

Powerco appoints Jason Franklin as new chief executive
News in Brief

Powerco appoints Jason Franklin as new chief executive

Franklin has been CEO of lines company PowerNet since 2012.

Staff reporters 07 Jan 2025