The Te Rahui Solar Farm is a proposed 400MW solar farm at Rangitāiki near Taupō, New Zealand. The project has been proposed by a Nova and Meridian Energy Joint Venture, and will be delivered in two 200MW stages. Works include solar array installation, grid connection infrastructure, and associated facilities.
Key Dates
| 2027 | Expected Construction Completion |
Financing
| Debt Finance: | ANZ, BNZ, CBA, MUFG and Westpac |
Procurement
| Procuring Agency: | Meridan Energy and Nova Energy Joint Venture |
| Successful Tenderer: | Beon Energy |
| Related contracts: |
PROJECT HISTORY
| Apr 2024 | Nova received resource consent. |
| Dec 2024 | Meridian Energy and Nova Energy announced their intention to form a 50-50 joint venture to deliver the project. |
| Sep 2025 | Meridan Energy and Nova Energy announced joint venture agreements had been finalised, with $300 million debt financing secured from ANZ, BNZ, CBA, MUFG and Westpac. Additionally, Beon Energy was awarded a contract for the construction and initial operations and maintenece of the project. |
Sector
Energy
Procurement approach
Design, Build, Operate and Maintain (DBOM) |
Location
New Zealand |
Resources
