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NZ Super Fund, CIP to explore offshore wind off Aotearoa New Zealand’s South Taranaki coast
Transactions - JUNE 14, 2022

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NZ Super Fund, CIP to explore offshore wind off Aotearoa New Zealand’s South Taranaki coast

by Released

NZ Super Fund and Copenhagen Infrastructure Partners (CIP) are taking important next steps to explore the potential for offshore wind off Aotearoa New Zealand’s South Taranaki coast.

NZ Super and CIP have submitted a pre-activity notice to New Zealand’s Environment Protection Authority (EPA) for a floating wind measurement device — a Floating Light Detection And Ranging device, or FLiDAR — to be deployed 37 kilometers (23 miles) off the South Taranaki coast.

“This is an important step in understanding the wind resource that is available in our location of interest. Our initial research suggests the South Taranaki area has world-class fundamentals; however, deploying the FLiDAR will help us build a fuller environmental picture and develop an investible proposition,” said Will Goodwin, NZ Super Fund head of direct investments. “The ability to bring in this kind of globally in-demand equipment highlights the benefit of working with an international partner s

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