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Home Breaking News

$250m stalemate has stalled new wind farms – Transpower hopes to break it

March 11, 2026
in Breaking News
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0m stalemate has stalled new wind farms – Transpower hopes to break it
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There’s an enormous sawmill on the outskirts of Masterton that’s one of many heaviest electrical energy customers within the Wairarapa. Different mills – Winstone in Ruapehu, Carter Holt in Nelson and Tokoroa, Oji in Tokoroa and Auckland, Juken in Gisborne – might have bowed to rising vitality costs and shut their doorways, shedding lots of of employees. However not this one. This Juken mill has survived.

Sure, its staffing has plummeted from 300 to 170; an enormous hearth in 2024 extensively broken its essential three-metre lathe and elements of the constructing and roof – however nonetheless the corporate perseveres. This yr it’s introduced it’s spending tens of hundreds of thousands of {dollars} on a brand new state-of-the-art alternative lathe, and hopes to rent again 20 extra employees to run it.

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Newsroom Professional managing editor Jonathan Milne writes on economics, infrastructure, enterprise and politics, and pens the 8 Issues subscriber publication. He was named NZ Enterprise Journalist of the Yr for…
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Tags: 250mBreakEnergyFarmshopesInfrastructurenewsnewsroom propremiumstalematestalledTranspowerwind
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