By: Isabelle Elizondo On: September 18, 2023 In: Comments: 0

New Zealand Green Investment Finance (NZGIF) is investing $10m in Solagri Energy to help rollout solar energy to New Zealand farms in a deal announced today. Based in Canterbury, Solagri provides an innovative ‘solar as a service’ offering tailored specifically for dairy farms in New Zealand. Solagri arrays are normally ground mounted on a quarter hectare close to the dairy shed and provide the farm with low cost electricity and long term energy price security.

The $10m debt finance facility provided by NZGIF is expected to finance around 120 solar arrays over the next three years, and these arrays are expected to help avoid 36,100 tonnes of CO 2-e emissions over the life of the assets.

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