NZ Windfarms Limited
NZWFF
Other OTC0.15
USD
- -
- -
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Warren Koia
- Full Time Employees
- 11
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- 376 North Range Road Palmerston North New Zealand 4448
- IPO Date
- Aug 15, 2016
- Website
- nzwindfarms.co.nz
- Similar Companies
- Business
- NZ Windfarms Limited is a New Zealand-based company specializing in the ownership, operation, and generation of renewable electricity through wind power. Its core asset is the Te Rere Hau wind farm located in the Tararua Ranges near Palmerston North, which operates approximately 91 turbines with a nameplate capacity of 45.5 MW and generates enough electricity to power around 16,000 households. The company generates and sells sustainable electricity to New Zealand’s national grid. In addition to operations at Te Rere Hau, NZ Windfarms is involved in extending the wind farm footprint through projects like the Aokautere Extension Project, located on adjacent forestry land, and has exploration agreements for new wind farm developments. Recent major changes include the full acquisition of NZ Windfarms by Meridian Energy, completed by July 2025 through a scheme of arrangement valued at NZD 91 million, leading to NZ Windfarms' delisting from the NZX Main Board. Meridian Energy previously held a 19.99% stake in the company and partnered with NZ Windfarms in a 50-50 joint venture to repower the Te Rere Hau wind farm, which involves the design, construction, and operation of up to 39 new turbines with the potential to increase generation capacity to up to 170 MW, approximately seven times the current output. The acquisition aims to enable more efficient financing and delivery of this repowering project. In late 2024, NZ Windfarms expanded its asset base by acquiring the Hau Nui wind farm from Genesis Energy Limited. The company is also actively pursuing growth opportunities with development partners for new wind farm projects and optimizing the Te Rere Hau repowering plan with expectations to significantly increase annual energy production. Founded in 2002 and headquartered in Palmerston North, New Zealand, NZ Windfarms operates primarily within New Zealand’s renewable energy sector targeting electricity markets focused on sustainable and wind-generated power. The company’s strategy centers on efficient operation of existing assets while pursuing expansion through repowering initiatives and new project developments to increase renewable energy capacity in line with national sustainability goals. Following Meridian’s acquisition, key operational and board changes have been implemented, positioning the company for integrated development under Meridian’s ownership and operational framework. NZ Windfarms Limited’s product offerings consist mainly of renewable electricity generated from wind turbines, power sale agreements, and related operational services for wind farm assets. Their subsidiary or partnership activities support capacity expansion and grid supply improvements focused on long-term sustainable energy generation in New Zealand. The company is recognized as a specialist wind farm owner-operator with a strong emphasis on technological upgrades and asset optimization to improve wind energy output efficiency and sustainability. This description reflects the latest operational status, ownership, strategic alliances, and product portfolio of NZ Windfarms Limited as of December 2025.