NZ Windfarms' contracts with Meridian now unconditional

Thu, 15 Aug 2024

NZ Windfarms has announced that its fixed price variable volume contracts for differences (CFDs) with Meridian Energy are now unconditional.

The company revealed in June that it had reached conditional agreements for the CFDs with Meridian.

The agreements were contingent on a waiver from listing rule 5.2.1 or approval by NWF shareholders.

The waiver has now been granted by NZ RegCo, removing the final condition for the CFDs. No further details were provided in the announcement.

Primary Sector

Rob Hewett adds another governance role to his already long list.

Riley Kennedy 5:00am

Markets Explainer

Independence should be taken seriously, the NZSA’s Oliver Mander says.

Gregor Thompson 5:00am

Markets Market Close

The S&P/NZX 50 Index closed at 12,076.85, down 89.29 points or 0.73%.

Graham Skellern 18 Mar 2025