BlackRock to acquire PV installer solarZero
BlackRock Real Assets has entered into an agreement to buy solarZero, a New Zealand-based solar energy services company.
BlackRock will acquire solarZero for an undisclosed amount but has pledged to invest more than NZD100 million (US$59.9 million) over the next three years to drive the expansion of the company's solar and battery technology platform.
solarZero offers a smart solar energy service for residential, small businesses, and special projects. To date, the firm has installed about 8,500 solar arrays for homes and businesses in New Zealand.
Country updates
-
-
September 15, 2022
Vestas wins turbine order for 43 MW Kaiwera Downs wind project
Vestas has secured a contract to deliver wind turbines for the 43 MW Kaiwera Downs Wind Farm project in New Zealand. The scheme will be comprised of ten Vestas' V136-4.2 MW wind turbines operating at...
Read more -
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.
Read more -
November 26, 2021
First close of USD3 bn for new Morrison & Co global infra fund
Morrison & Co has announced the first close for its new open-ended global infrastructure fund, the Morrison & Co Infrastructure Partnership (MCO IP). More than US$3 billion was secured in fund...
Read more -
August 12, 2021
Mercury NZ and PowAR completes NZD3.07 billion takeover of Tilt Renewables
New Zealand-based electricity generation company Mercury NZ and the Australian infrastructure investment fund Powering Australian Renewables (PowaAR) have completed the acquisition of majority stakes...
Read more -
August 04, 2021
Tilt, Genesis sign PPA for 75 MW Kaiwaikawe Wind farm near Dargaville
Genesis Energy and Tilt Renewables have signed a 20-year electricity off-take agreement for a planned new 75 MW wind farm near Dargaville, New Zealand. The Kaiwaikawe Wind farm will cut carbon emissi...
Read more
