Owner of mothballed wind turbines on Chatham Islands finally put in liquidation

Wed, 02 Aug 2017

By Jonathan Underhill Aug. 3 (BusinessDesk) - Chatham Island Wind, an Australian-owned business that had promised to slash power bills for islanders dependent on diesel generators, has been put into liquidation three years after its parent went into voluntary administration. The two French-designed 225kW turbines were installed on land leased from Chatham Mayor Alfred Preece after the local utility, Chatham Islands Electricity, signed a 20-year build own operate transfer (Boot) agreement with Chatham Island Wind in 2010. The contract was...

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