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MBIE supports feasibility study for pumped hydro energy storage

By Global Infrastructure Sherpa · Aug 20, 2025
Financing Pumped Hydro Energy Storage announced New Zealand Aug 20, 2025
USD30M
Deal Value

MBIE provides $30 million to Meridian Energy to fund a feasibility study for a large-scale pumped hydro energy storage project at Lake Onslow.

Timeline

Announced
Aug 20, 2025
Signed
Closed

Counterparts (2)

funder
MBIE
company · 1 deals
The Ministry of Business, Innovation and Employment (MBIE) is the New Zealand government's lead busi...
Developer
Meridian Energy
company
Meridian Energy is a New Zealand-based renewable energy company focused on electricity generation an...

Market Context

This deal is part of the Pumped Hydro Energy Storage sector in New Zealand.
2
Pumped Hydro Energy Storage deals
12
deals in New Zealand

Source

www.mbie.govt.nz
1 of 1 Pumped Hydro Energy Storage deals tracked this month · Updated daily
View Full Deal Details

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