Wind generation experts Roaring40s team up with Contact

23 March 2021

Wind generation experts Roaring40s team up
with Contact Energy

Highly regarded wind generation experts Roaring40s Wind Power Ltd (‘Roaring40s’) will work
exclusively with Contact Energy to develop a pipeline of large-scale wind farm opportunities
in New Zealand over the next six years, according to the terms of a new arrangement
announced today.

Contact Energy CEO Mike Fuge said the Plimmerton-based Roaring40s team of Paul Botha,
Graeme Mills and Steve Harding were the country’s “pre-eminent” wind development experts.

“If you are looking to identify and develop wind projects then you want to involve the
Roaring40s team, and it’s a real coup to have them join the Contact extended whānau. We’re
very pleased to have their nous, credibility and experience on board and we are excited about
working together.”

Mr Fuge said the move would see wind expertise added to Contact's existing geothermal and
hydro prowess. “This sends a strong signal that Contact is serious about exploring high quality
wind generation options to meet higher market demand scenarios and accelerated
decarbonisation.

“A pipeline of flexible and low-cost wind projects will complement our high quality, low-cost,
baseload geothermal development pipeline. As the economics around wind technology
continue to improve, wind options will provide effective competition for our geothermal
developments."

Paul Botha from Roaring40s said Contact had made the decision easy. “Mike, James and the
team have a clear appetite for Contact to play a leading role in developing options for wind
generation and we’re looking forward to working together over the next six years. It’s a very
exciting time to be involved in renewable generation in New Zealand.”

He said the consultancy was established in 2018 and had deep expertise around investigating
and developing wind farm projects, from site identification through to design and tendering.

The terms of the deal between Roaring40s and Contact are confidential, but it is not material
from Contact’s perspective. It comprises a small, fixed retention fee and project-by-project
success fees.

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Matthew Forbes
Ph +64 21 072 8578

Media enquiries
Paul Ford
Ph 021 809 589
paul.ford@contactenergy.co.nz