BlueFloat plans to develop 1.4 GW offshore wind project in New Zealand
BlueFloat Energy and its consortium partners Energy Estate and Elemental Group have announced plans to develop the 1.4 GW Waikato offshore wind project in New Zealand.
The offshore wind farm will be constructed in the Pacific Ocean off the coasts of South Auckland and West Waikato, Aotearoa, requiring a multibillion-dollar investment. Phase 1 with 250 MW capacity will utilize fixed bottom technology while Phase 2 will install between 800 MW and 1,150 MW of turbines west or north of Phase 1 using floating foundations. Once operational, the project will provide enough electricity to power around 700,000 homes.
The partners are now undertaking feasibility studies and plans to commence construction before 2030.
Country news
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April 13, 2022
CIP plans to develop a 1 GW offshore wind farm in New Zealand
Copenhagen Infrastructure Partners (CIP) and the NZ Super Fund, have teamed together to investigate the feasibility of establishing a 1 GW offshore wind project in the South Taranaki Bight.
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February 19, 2021
Macquarie raises EUR1.6 billion for Renewable Energy Fund
Macquarie Infrastructure and Real Assets (MIRA) has raised more than EUR1.6 billion (USD1.93 billion) for investment in renewable energy with the final close of Macquarie Green Investment Group Renewable Energy Fund 2 (MGREF2) – exceeding its initial minimum fundraising target of EUR1 billion (USD1.2 billion).
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April 24, 2018
Resonance Industrial Water Infrastructure Fund invests in bioenergy projects
ReNu Energy Limited has announced that it has reached an agreement with Resonance Asset Management Limited regarding the sale of a 70% majority equity stake in ReNu Energy’s existing bioenergy assets. Resonance will acquire the assets through the specialised international infrastructure investment fund, Resonance Industrial Water Infrastructure Fund Limited (RIWIF).
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March 02, 2018
AMP Capital Aussie funds get first New Zealand investors
The AMP Capital Diversified Infrastructure Trust (ADIT) and AMP Capital Core Infrastructure Fund (CIF) have attracted their first New Zealand investors, reflecting growing interest locally in the asset class.
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October 14, 2016
Longroad announces new investors
Longroad Energy Holdings has announced the closing of an equity investment and credit commitment from two partners: Infratil Limited, a publicly traded infrastructure investor, and the New Zealand Superannuation Fund, a sovereign wealth fund. Read more
