Thar she blows – giant windfarm on the Taranaki horizon

The NZ Super Fund is looking at funding NZ's first offshore windfarm ... and it is a big one. (Image: Deposit Photos)

Tue, 29 Mar 2022

The government-owned New Zealand Superannuation Fund has expressed interest in becoming a major player in the energy sector by looking at the feasibility of a massive 1-gigawatt offshore windfarm.NZ Super is forming a joint venture with Copenhagen Infrastructure Partners (CIP) to explore the potential for large-scale offshore wind energy in the South Taranaki Bight.The initial 1-gigawatt (GW) development would represent more than 11% of the current electricity demand, with NZ Super saying it could potentially be up and running by the end of the...

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