NZ Super Fund and Copenhagen Infrastructure Partners to form a joint venture.

NZ Super Fund, a global investment fund that was established by the New Zealand Government, and Copenhagen Infrastructure Partners, the world’s largest dedicated fund manager within greenfield renewable energy investments, agreed to form a joint venture to explore the potential for large-scale offshore wind energy in the South Taranaki Bight. Financial terms were not disclosed. "We are in the unique position of being able to attract best-in-class global partners on infrastructure developments that create positive environmental and social outcomes while delivering financial returns for New Zealanders through the Fund. We are delighted to be working with CIP, a global leader in green energy transition," Matt Whineray, NZ Super Fund CEO.