Foresight Group invests $500 million to acquire New Zealand Clean Energy and its 2 GW+ solar and BESS development pipeline

Foresight Group, through its Australian Renewable Infrastructure Fund (ARIF), has acquired New Zealand Clean Energy (NZCE) for an expected total commitment exceeding $500 million. This acquisition includes NZCE's 2 GW+ solar and battery energy storage system (BESS) development pipeline across approximately fifteen sites, with funds allocated for the development and construction of three late-stage solar projects totaling approximately 300 MW during 2026 and 2027. The deal expands ARIF's footprint beyond existing wind, hydro, and solar assets in Australia, leveraging NZCE's local knowledge and project pipeline to accelerate new renewable energy capacity in New Zealand.

Counterparts (2)

Seller

N

New Zealand Clean Energy (NZCE)

company

Information for a specific company named 'New Zealand Clean Energy (NZCE)' is not identifiable in public records or the knowledge base. The provided website and headquarters are generic placeholders for the New Zealand energy sector.

Buyer

Foresight Group

company

Foresight Group is an infrastructure and private equity investment manager. They focus on investments in sustainable infrastructure and private equity, targeting growth assets and companies.