Call for banks to think longer term to fund renewable energy

John Campbell, Bill Murphy, Matt Ward and facilitator Terina Williams talk renewable energy investment. (Image: BusinessDesk)

Greg Hurrell

Mon, 17 Jun 2024

New Zealand’s short-term lending cycles have led to solar/battery company SolarZero turning to a French bank as its primary lender, chief executive Matt Ward says.Ward was speaking on one of two panels grappling with how to finance the renewable energy transition and a housing sector described by Bay of Plenty community-support enterprise BayTrust as “an unmitigated disaster”.The panels were part of ethical investment charity Mindful Money’s annual half-day conference in Auckland last Wednesday.SolarZero itself funds the...

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