The fund charged with helping out with our future pension requirements is teaming with a large Danish renewable energy infrastructure firm to look at creating a massive wind energy development offshore in the South Taranaki Bight. NZ Super Fund and Copenhagen Infrastructure Partners (CIP) have formed a jointly held company to manage the feasibility study and development of the project. Minister of Energy and Resources Megan Woods has said that Government would begin work on a new regulatory regime for offshore renewable energy in 2022. It is the global leader in greenfield renewable energy and offshore wind including approximately 30GW of offshore wind projects under development, construction and operation across North America, Europe, Asia and Oceania. CIP’s investment in the South Taranaki project is part of a broader project development pipeline for CIP’s upcoming flagship fund ‘CI V’.

Source: Stuff March 29, 2022 03:26 UTC