NZSE:GNEElectric Utilities
Does Genesis Energy's Edgecumbe Solar Farm Investment Signal Renewed Momentum for Its Renewable Strategy (NZSE:GNE)?
Genesis Energy announced it has reached a Final Investment Decision for the construction of the 136 MWp Edgecumbe Solar Farm in the Bay of Plenty, with first generation targeted for the second half of FY27 and contracts secured with Horizon Networks and METLEN for delivery.
This marks a significant step in advancing Genesis’s Gen35 renewable strategy and highlights the company’s flexibility in capital management, as the project will initially be funded on balance sheet with future capital...