Mercury to build 119 MW Turitea wind farm in NZ
Mercury, a renewable energy company in New Zealand, is set to build 119 MW Turitea wind farm located near Palmerston North.
The NZD256 million (US$174 million) project will be equipped with 33 wind turbines capable of delivering 470GWh per annum on average energy.
The company has commissioned a unit of Vestas to provide the turbines, construct and maintain the project. Mercury has also entered into a separate agreement with Electrix and Transpower for the design and construction of the 220kV transmission line and grid connection to Linton.The facility will be connected to the national grid at Linton and is expected to be commissioned in 2020.
Country updates
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December 14, 2018
Infratil and Mercury NZ announce variation notice for Tilt Renewables takeover offer
Infratil advises that Infratil 2018 Limited and Mercury NZ Limited have varied their takeover offer for Tilt Renewables Limited to extend the closing date to Friday, 30 November 2018 at 11.5...
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October 30, 2018
UPDATE: Infratil extends acceptance period for Tilt Renewables takeover offer
Infratil has announced an extension to the closing date for its takeover offer for Tilt Renewables. Infratil, in a joint venture with Mercury NZ, sent an offer document to Tilt Ren...
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October 17, 2018
Genesis to purchase power from 100 MW wind project in New Zealand
Genesis and Tilt Renewables have announced that they intend to partner in the development of the Waverley Wind Farm. The two companies have agreed proposed terms and conditions for a long te...
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September 26, 2018
Infratil maintains offer price for Tilt Renewables, disputing independent advisor
Infratil has responded to Tilt Renewables' Independent Adviser’s Report regarding its NZD2.30 (US$1.54) per share takeover offer for the company, proposed in a joint venture with M...
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September 18, 2018
Independent advisor deems Tilt Renewables takeover offer inadequate
The Independent Directors of Tilt Renewables have published the Independent Adviser’s Report on the NZD2.30 (US$1.5) per share takeover offer from the Infratil and Mercury NZ joint venture. The...
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