Meridian backs Tauhei Solar Farm, construction set to start

(Image: Harmony Energy and Clarus company, First Renewables)

Thu, 30 Jan 2025

Construction of the Tauhei Solar Farm project is set to kick off this year now that all major contracts, financing, consents and regulatory approvals are in place, the joint UK-New Zealand venture says.The solar farm project in Te Aroha, Waikato, is supported by a power purchase arrangement with Meridian Energy, which will buy 100% of the output for the first 10 years of operation.The funding requirements for what is expected to be NZ’s largest solar farm are supported by a syndicated debt facility provided by ANZ, ASB, BNZ and ...

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