Meridian Energy completed the acquisition of the remaining 80.01% stake in NZ Windfarms for NZ$91m.

Meridian Energy, an electricity generator and retailer, completed the acquisition of the remaining 80.01% stake in NZ Windfarms, a long-term specialist wind farm owner and operator, for NZ$91m. "This deal will reward NZ Windfarms’ shareholders for the value created to date, while also enabling more efficient financing and delivery of the Te Rere Hau repowering project.” Mike Roan, Meridian Energy Chief Executive.