NWF - NZ Windfarms

[Crackity]

TE RERE HAU WIND FARM REPOWER FAST-TRACK CONSENT GRANTED

1. Repowering Consent Granted

NZ Windfarms (NZX Code: NWF) is delighted to announce that its application for a Fast-Track consent to repower its Te Rere Hau (TRH) wind farm has been granted. The expert consenting panel (the Panel) has released its decision to approve the project today and is available at this website link.

The successful consent comes 21 months after the project was first proposed to shareholders, on 31 August 2021. It is significant for New Zealand's renewable electricity industry as this marks the first operational wind farm in New Zealand to gain a consent for a repowering of its initial Wind Farm .



You lucky lucky shareholders - now to find $350 million to decommission an operating asset and build a new one

Share price 31 Aug 2021 - 26.5 cps
Price today - 13.1 cps as I type this.
Directors holdings - nil

Says it all really