Windfarms partners with Australians

NZ Windfarms has confirmed that two Australian partners will be joining its Tararua wind farm venture.

NP Power and Babcock & Brown Windpower will share a 50 per cent stake in the wind farm, and NZ Windfarms will retain the rest, plus a management contract.

NZ Windfarms chairman Derek Walker said the development meant his company could accelerate the remaining stages of the project, due for completion in the next three years.