Willis wants better answers on SolarZero collapse

SolarZero founder Andy Booth in 2016. (Image: NZME)

Tue, 03 Dec 2024

Finance Minister Nicola Willis has given the strongest signal yet that she is considering whether the New Zealand Green Investment Fund has a future.Created by the previous Government's Climate Change Minister James Shaw, the fund was a major lender to the Solar Finance Programme (SFP), which is in disarray after the liquidation of solar installer SolarZero.The NZGIF brokered a consortium of international lenders to the SFP to make $360 million available, $145m of that from NZGIF itself. About $115m of the agency’s commitment has been...

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