Call for banks to think longer term to fund renewable energy

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
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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