Foresight Group has acquired NZ Clean Energy in New Zealand, investing over A$500m in late-stage solar projects starting in 2026 and 2027. The acquisition provides a platform for developing solar and battery energy storage projects, with a pipeline exceeding 2GW across 15 locations in New Zealand. This move aligns with the country's transition towards low-emission energy solutions, driven by increased electricity demand and the growth of electric vehicles and data centers. Foresight aims to support decarbonization efforts and create a diversified renewable energy portfolio in the region.
https://www.power-technology.com/news/foresight-to-acquire-nz-clean-energy-platform/