Energy 路 New Zealand
What is the approved budget of Kaiwaikawe Wind Farm?
The Kaiwaikawe Wind Farm is the 77 MW wind farm near Dargaville in Northland, New Zealand, owned by Mercury, with 12 Vestas turbines of 6.4 MW reaching 206 m to the blade tip, the largest and tallest in the country, expected to generate 221 GWh a year for about 27,000 homes. Mercury announced to the exchange on 17 December 2024 that it had decided to build it with a capital expenditure of 287 million New Zealand dollars excluding capitalised interest, with construction from January 2025, first generation in mid-2026 and full generation by the end of 2026.
Approved budget
NZD 287 million
Approximately $173.7 million
Cost basis: 2024
ThirdHorizonCC BY-SA 4.0
Cost evidence
Basis of the published figure
Approved budget2024
Project metrics
Key dimensions
- PowerNZX announcement by Mercury
- 77 MW
Project record