NZSE:GNEElectric Utilities
Should Genesis Energy’s Edgecumbe Solar FID and Balance-Sheet Funding Strategy (NZSE:GNE) Require Action From Investors?
Genesis Energy has reached Final Investment Decision for the 136 MWp Edgecumbe Solar Farm in New Zealand’s Bay of Plenty, targeting first generation in the second half of FY27 under its Gen35 renewable strategy.
The on-balance-sheet funding of Edgecumbe, with potential capital recycling post-commissioning, highlights Genesis’s flexible approach to financing growth while aiming to preserve its BBB+ credit rating.
Next, we’ll examine how committing to the 136 MWp Edgecumbe Solar Farm could...