Market Alert: Strong Nuclear Tensions in South Asia Assessing the Fallout on Global Equity Markets
The Tauhei Solar Farm project in Te Aroha, Waikato, is set to commence construction this year, following the completion of key contracts, financing, and regulatory approvals. The joint UK-New Zealand initiative has secured a power purchase agreement with Meridian Energy Ltd (NZX: MEL), which will buy 100% of the farm's output for the first decade. Expected to be New Zealand’s largest solar farm, the project is backed by a syndicated debt facility provided by major banks, including ANZ, ASB, and BNZ.
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