NZ Green Investment Finance lends $10m for dairy farm refrigeration

NZ Green Investment Finance lends $10m for dairy farm refrigeration
A Coolsense milk chiller unit on a dairy farm. (Image supplied: NZGIF)
Greg Hurrell
New Zealand Green Investment Finance is lending $10 million to help clean up on-farm dairy refrigeration.The crown-owned financier’s loan to Hamilton-based company Cool Group is part of a wider partnership with Fonterra, impact investor Purpose Capital and refrigerant recycler Cool-Safe.The initiative is called Pay-As-You-Save (PAUS) and offers Fonterra farmers the option to lease up-to-date energy efficient cooling systems rather than having to buy and maintain them. The lease payments are deducted from their monthly milk...

More Sustainable Finance

Big investors highly sceptical of sustainability reporting
Sustainable Finance

Big investors highly sceptical of sustainability reporting

A PwC survey points to a gap in trust that needs to be bridged.

Greg Hurrell 08 Apr 2024
Small businesses putting climate action in the 'too hard' basket
Environment

Small businesses putting climate action in the 'too hard' basket

SMEs are focusing on low-hanging fruit according to two business surveys.

Greg Hurrell 04 Apr 2024
FMA consults on regulatory relief for green bonds
Law & Regulation

FMA consults on regulatory relief for green bonds

The regulator is looking at a class exemption to boost the range of products on offer.

Greg Hurrell 03 Apr 2024
New audit standards to take a harder look at fraud
Law & Regulation

New audit standards to take a harder look at fraud

Sustainability reports can be more susceptible to fraud, says visiting standards chief.

Greg Hurrell 12 Mar 2024