Global Infrastructure SherpaVestas to supply 26MW turbines for Hiringa Energy's Kapuni Wind Farm in New Zealand
26 MW
Capacity
development
Stage
Kapuni Wind Farm
Project
Vestas has secured a 26MW turbine supply order from Hiringa Energy for the Kapuni Wind Farm in New Zealand. The contract includes the installation of four V162-6.4MW EnVentus turbines optimized for increased energy output, along with a 20-year service agreement. The Kapuni project, led by Hiringa Energy in partnership with Balance Agri-Nutrients, Todd, PKW, and MBIE, aims to support green hydrogen production at scale. Deliveries are expected to begin in Q1 2026, with commissioning planned for Q2 2027.
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Counterparts (6)
Partner
Todd
Based on available knowledge, I cannot provide a summary of Todd's investment focus and strategy as I do not have enough information about the company.
MBIE
The Ministry of Business, Innovation and Employment (MBIE) is the New Zealand government's lead business-facing agency, focused on shaping and delivering a strong New Zealand economy. It contributes to improving the well-being of New Zealanders by fostering a prosperous and adaptable economy.
Balance Agri-Nutrients
Balance Agri-Nutrients is a New Zealand-based company focused on providing nutrient solutions for the agricultural sector. They are involved in the manufacturing, distribution, and application of fertilizers and related products to enhance crop yields and improve soil health.
PKW
PKW is an investment bank focused on the infrastructure sector. They provide financial advisory services for mergers & acquisitions, project finance, and restructurings.
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Vestas securing a 26MW turbine supply order from Hiringa Energy for the Kapuni Wind Farm in New Zealand marks a significant step in the country's green hydrogen production ambitions. The agreement involves the supply and installation of four V162-6.4MW EnVentus turbines, optimized for increased energy output, coupled with a 20-year service agreement. This project, spearheaded by Hiringa Energy in collaboration with Balance Agri-Nutrients, Todd, PKW, and MBIE, underscores the growing trend of integrating renewable energy sources with hydrogen production facilities. Deliveries are slated to commence in Q1 2026, with commissioning targeted for Q2 2027.
The Kapuni Wind Farm project highlights the increasing focus on sustainable energy solutions in the Asia Pacific region. The involvement of multiple partners, including government entities like MBIE, demonstrates a collaborative approach to achieving renewable energy goals. While the financial details of the deal remain undisclosed, the long-term service agreement with Vestas indicates a commitment to the project's operational efficiency and longevity. This project could serve as a model for future green hydrogen initiatives in New Zealand and other countries seeking to decarbonize their energy sectors.
- 26MW turbine supply agreement between Vestas and Hiringa Energy.
- Project supports green hydrogen production at the Kapuni Wind Farm.
- Involves multiple partners including Hiringa Energy, Balance Agri-Nutrients, Todd, PKW, and MBIE.
- Includes a 20-year service agreement with Vestas.
Timeline
Announced
Feb 6, 2026
Signed
Closed
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