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Meridian Energy’s Harapaki Wind Farm Nears Completion
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Meridian Energy’s Harapaki Wind Farm Nears Completion

Meridian Energy Limited (MDDNF) has released an update.

Meridian Energy Limited’s Harapaki wind farm in New Zealand is expected to be completed ahead of schedule, providing a significant electricity boost by the end of July, despite setbacks from cyclones and COVID-19. The $448 million project, which aims to power most of Hawke’s Bay, is also setting new sustainability benchmarks by prioritizing local labor and innovative waste-reduction strategies. Upon completion, Harapaki will be the nation’s second largest wind farm, marking a major step forward in the country’s renewable energy capacity.

For further insights into MDDNF stock, check out TipRanks’ Stock Analysis page.

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