Lodestone Energy stories
Sheep will keep grazing beneath the panels as the 42-megawatt project gives a Canterbury farmer a second income stream and helps feed the grid.
The listing brings fresh capital and about 10,000 new shareholders to a solar business planning to expand across New Zealand's power market.
Renewed appetite for new equity issues in New Zealand is set to be tested by the solar developer's first major float in about five years.
The deals broaden Lodestone's business customer base as more New Zealand firms seek renewable power and firmer control over electricity bills.
The deal could end the NZX's five-year IPO drought and fund expansion of a solar generator aiming to supply more homes and businesses.
Potential investors are being sounded out as the solar developer gauges support for a share sale to fund more farms and customers.
Finalists for the NZ Compare Awards 2024 have been revealed, highlighting top performers in New Zealand's power and telecommunications sectors.
Lodestone Energy appoints Richard Pearce as new COO, bringing extensive experience in the energy sector and renewable energy vision.
Lodestone Energy appoints Sarah McHardy as GM Customer bringing valuable experience from previous roles at Vector and Genesis Energy.
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