Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Infrastructure
Infratil-backed Longroad Energy secures Texas wind farm finance
By Rebecca Howard July 15 (BusinessDesk) - US-based renewable energy developer Longroad Energy has closed financing for its 243 megawatt El Campo wind farm with the project due to be completed in 2020, says Infratil. Longroad Energy is 40 percent owned by Infratil and 40 pe...
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Infrastructure
DB Breweries to switch Timaru plant from coal next year
By Gavin Evans July 12 (BusinessDesk) - DB Breweries is planning to switch its brewery at Timaru onto wood chip by the end of next year as part a plan to halve the group’s emissions by 2030. The firm, owned by Heineken, operates six breweries around the country. But DB Drau...
Infrastructure
New orders help manufacturing recover in June
By Victoria Young July 12 (BusinessDesk) - Manufacturing activity rose in June, thanks to a recovery in new orders which ensured the sector didn’t shrink. The Bank of New Zealand-Business NZ performance of manufacturing index rose 0.9 points to a seasonally adjusted 51.3 f...
Infrastructure
Trustpower says dry, mild June-Qtr may trim earnings
By Gavin Evans July 12 (BusinessDesk) - Trustpower says lower than expected power prices and weaker generation may push its full-year earnings toward the bottom of its forecast range. The firm, which operates a string of hydro generators around the country, says June-quarte...
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