New Wind Energy Investment Proving Popular
Interest in the NZ Windfarms' share offer has excited the company’s CEO Chris Freear.
"We’ve had excellent attendances at our information meetings around the country and strong interest from a number of
institutions both in NZ and overseas, so much so we’ve had to print extra copies of the prospectus to keep up with
demand. Investors we've talked with are keen to get in 'on the ground floor' of an investment they believe will show
strong capital growth."
The share offer comes at a time when increasing demand for electricity combined with the shortfall in generation has
seen the average spot market price increase by more than 50% in the past eight years.
"The recent news of unseasonably low lake levels has highlighted the real need for investments in electricity
generation," said Mr Freear. "Investors are interested in NZ Windfarms because it allows direct access to the
electricity market, its growth potential and because of its decision to use New Zealand made turbines."
Due to strong interest, the company is now holding an additional information meeting in Queenstown next week. (7pm on
Tuesday 22nd November at the Copthorne Lakefront Hotel.)
Copies of the Prospectus/Investment Statement/Application Forms and details of the information evenings can also be
downloaded from www.nzwindfarms.co.nz or by contacting an NZX firm or by phoning Greenslades on 0800 88 88 66.
Application has been made to NZX for permission to list as an NZAX issuer and for quotation of the shares and Options
(including the new Shares being offered in the Offer Document) on the NZAX. All requirements of NZX for quoting of the
Shares and Options, that can be complied with on or before the date of distribution of the Offer Document, have been
complied with. However, NZX accepts no responsibility for any statement in the Offer Document. NZX has authorized the
NZX Sponsor (Greenslades Limited) to act in this Offer.
ENDS