On The Money: Grimace for Welly, Windbags, BlackRock nation, and more

Grimace arrives in Wellington for a new role, but more about this later. (Image: Screenshot)

Sat, 26 Oct 2024

On the Money is our weekly newsletter of general frippery from the worlds of business and government.This week, Spanish-headquartered offshore wind company BlueFloat said it would no longer build windfarms here because seabed mining was being fast-tracked.In a statement, BlueFloat country manager Nathan Turner said they were pulling out due to “key uncertainties” in the New Zealand market, including the “allocation of seabed”. Seabed mining is controversial in its own right and has attracted multiple...

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