Craigs Conference Presentation

Craigs Rapid Insights
Conference
June 2026

2
Disclaimer and important information
While all reasonable care has been taken in compiling this presentation, neither Contact
nor any of its directors, employees, shareholders nor any other person gives any
representation as to the accuracy or completeness of this information or accepts any
liability for any errors or omissions.
This presentation may contain certain forward-looking statements with respect of a variety
of matters. All such forward-looking statements involve known and unknown risks,
significant uncertainties, assumptions, contingencies, and other factors, many of which are
outside the control of Contact, which may cause the actual results or performance of
Contact to be materially different from any future results or performance expressed or
implied by such forward-looking statements. Such forward-looking statements speak only
as of the date of this presentation. Except as required by law or regulation (including the
NZX Listing Rules and the ASX Listing Rules), Contact undertakes no obligation to update
these forward-looking statements for events or circumstances that occur subsequent to
the date of this presentation or to update or keep current any of the information
contained herein.
Any estimates or projections as to events that may occur in the future (including
projections of revenue, expense, net income and performance) are based upon the best
judgement of Contact from the information available as of the date of this presentation.
EBITDAF, free cash flow and operating free cash flow are financial measures that are “non-
GAAP (generally accepted accounting practice) financial information” under Guidance
Note 2017: “Disclosing non-GAAP financial information” published by the New Zealand
Financial Markets Authority, “non-IFRS financial information” under ASIC Regulatory Guide
230: “Disclosing non-IFRS financial information”and “non-GAAP financial measures” within
the meaning of Regulation G under the U.S. Exchange Act of 1934.
Such financial information and financial measures (including EBITDAF, free cash flow and
operating free cash flow) do not have standardisedmeanings prescribed under New Zealand
equivalents to International Financial Reporting Standards (“NZ IFRS”), Australian Accounting
Standards (“AAS”) or International Financial Reporting Standards (“IFRS”) and therefore, may
not be comparable to similarly titled measures presented by other entities, and should not be
construed as an alternative to other financial measures determined in accordance with NZ
IFRS, AAS or IFRS accounting practice) measures. Information regarding the usefulness,
calculation and reconciliation of these measures is provided in the supporting material.
This presentation does not constitute financial or investment advice. This presentation does
not constitute an offer to sell, or a solicitation of an offer to buy, Contact securities and may
not be relied on in connection with any purchase of a Contact security.
Numbers in the presentation have not all been rounded and might not appear to add.
All references to $ are New Zealand dollar unless stated otherwise.
All trademarks, service marks and company names are the property of their respective
owners. All company,product and service names used in this presentation are for
identification purposes only. Use of these names, trademarks and brands does not imply
endorsement or that they are or will be customers of Contact and reflects public
announcements of intention only.

3
Contact is one of New Zealand’s
most significant companies
Note: All figures, unless specified, as at31 March 2026.
We own, operateand developlow-cost, long-life renewable generation
and storage assets, meeting the evolving needs of our customers
7
geothermal
stations
+ 1 under
construction
26
hydro
schemes
4
controlled
storage
lakes
3
thermal
peaking
stations
11.8TWh
mean
generation
1
2
solarfarms under
construction
3
debtcapital
market
jurisdictions
>50k
shareholders
684k
total customer
connections
2
1,405
employees
114
community organisations
supported in FY25
1. Mean generation volume from Contact’s operational plant as well as wind and geothermal PPAs as at the date of this presentation i.e.excludes plant under construction. Volumeis based on normal hydro and
wind conditions and excludes any assumptions for planned maintenance outagesorgenerationthat may be acquired on-market. | 2. Customer connections include Simply Energy connections as at31 March 2026.
1
battery
+ 1 under
construction
~98% renewable
4
product verticals with
electricity, gas,
broadband and mobile

4
​Empowered
people and leaders
​Unite our people behind Contact31+
and develop New Zealand’s
best energy leaders
​Relationships
with our stakeholders
​Maintain enduring trust with
stakeholders, investing for secure,
affordable renewable energy while
upholding our environmental
commitment
​Productivity
​Drive disciplined growth by
simplifying processes and
deploying automation
​Tech advantage
​Establish a distinctive edge in
data and AI on a simplified and
secure technology platform
​Extend our advantage
as New Zealand’s
geothermal leader
​Scale on high-quality existing
fields, explore new options,
and continue to improve our
cost-leadership position​
​Build into new demand
with wind and solar
​Deliver lowest-cost diversified wind
and rapidly deploy solar, anchored on
long-term industrial partnerships​
​Lead the energy
transition at home
​Empower our customers to shift
energy use, while making every
interaction easy and personal
​Lead on new flexibility
in New Zealand
​Accelerate batteries, build
advantage in hydro flex and
maintain gas flex, optimising our
portfolio in real time​​
Underpinned by continued operational excellence across our diverse and resilient portfolio
​Leading New Zealand’s renewable energy future
Contact31+
​Enablers
​Strategic pillars

5
Market and renewable
development updates

6
NZ market context: Impacts of energy transition apparent
Sources:EMI wholesale price data (OTA node), EMI demand data, MBIE electricity & gas statistics.
Annual gas production, PJ
Gas supply is declining
rapidly
The electricity market is
increasingly renewable
148
120
102
FY23FY24FY25
-17%
CAGR
Thermalshare of generation ~7% in 1H26,
the lowest since the market was introduced.
This reflected high hydro inflows and wind
conditions during the period and renewable
investment in recent years.
Pricingvolatility and seasonal
spread have increased
Higher renewable generation is leading
to wider seasonal pricing spreads as
thermal (often the marginal price setter
when operational) shifts to
operating in winter.
Domestic gas production has
fallen 31% since 2023 (17%
CAGR reduction). Recent
drilling campaigns have been
unable to arrest this trend.
0
50
100
150
200
250
300
350
400
450
Jun-
16
Jun-
17
Jun-
18
Jun-
19
Jun-
20
Jun-
21
Jun-
22
Jun-
23
Jun-
24
Jun-
25
Jun-
26
Long-dated futures (>12 months)
Short-dated futures (<12 months)
Monthly average spot price
Reliable, plentiful natural gas
Gas outages & availability decline
Wholesale and futures electricity pricing, $/MWh
New demand is
materialising
Since 2021 (last 5 years) demand
growth has averaged 0.5% p.a.
Large-scale committed and
prospective new industrial demand
is largely yet to come online.
~$80/MWh
average long dated futures price
~$170/MWh
average long dated futures price
Long-and short-dated futures
recently settling at ~$130MWh, close
to Contact’s long run expectation of
$115 –125/MWh (2025 real)
1
1

7
Over 3TWh of new electricitydemand is tied to known
and committed sources
1. Starting estimate of current data centredemand is based on total capacity at existing sites of ~185MW and ~15% average utilisation. Growth estimate assumes these sites ramp up to an average mature load
realisationfactor of 50% by 2030, with an average power utilisationeffectiveness (PUE) factor of 1.4. These assumptions are based on IEA, AEMO and company disclosures. | 2.Where volume of the project is not
disclosed, assumed utilisation rate for dairy boilers is 50%. | 3. Although commissioned in late CY25, both Waitoaand Awarua are included as new demand given only a part period of demand is understood to be
included in CY25 baseline demand data.
​CY30
​CY25 demand
​Breakdown of known new-to-grid electricity demand in 2030
2
, TWh
​Identified projects across the dairy, data centreand metals sectors, alongside continued residential trends,
are expected to contribute >3TWh to electricity demandby 2030
​Residential
​Data centres
1
​Metals
​Dairy electrification
2
NZ Steel EAF
Supply agreement
is now live
NZ Steel EAF
Supply agreement
is now live
Higher utilisation of
6x existing sites and
1x site under construction
Higher utilisation of
6x existing sites and
1x site under construction
Whareroa, Edendale,
Waitoa
3
, Edgecumbe
Awarua
3
Whareroa, Edendale,
Waitoa
3
, Edgecumbe
Awarua
3
Population / ICP growth,
home electrification
& EV demand
(net of rooftop PV)
Population / ICP growth,
home electrification
& EV demand
(net of rooftop PV)
Drivers by category / project
1.0
1.0
0.2
​0.9 -1.0
41.7TWh
~45TWh
CDC, 10 Peaks, DCI, Microsoft
Does not include any assumptions for plant currently
under review in food and wood processing sectors
Based on known /
committed
sources only
>3TWh of
demand
​Metals
​Dairy electrification
​Data centres
​Residential

8
Our committed build programme responds to the known
market opportunity
Glenbrook-Ohurua
Battery 2
200MW / 400MWh duration
Target online Q1 CY28
Target IRR >10% at FID
3
TeMihi Stage 2
Geothermal
101MW / ~840GWh p.a.
(~200GWh net uplift)
4
Target online Q3 CY27
Target IRR ~10% at FID
3
Glorit
Solar
150MWac / ~287GWh p.a.
Target online Q4 CY28
Target IRR >12% at FID
1
Kōwhai Park
Nearing energisation
Glenbrook-OhuruaBattery 1
Online Feb 26
TeMihi Stage 2
•Construction underway.
Earthworks began March 2026.
•Battery packs under
construction with lithium price
locked in second half 2025.
•EPC siteworksprogressing to
schedule.Turbines installed.
•Steamfieldseparator installed.
•Delays being incurred in
equipment delivery, in part due
to global shipping constraints.
•Target online remains Q3 CY27.
•Early works underway.
•Notice to Proceed to be
issued to EPC in June.
2
1.Target Contact IRR includes joint venture returns and margin on acquired generation. Return on acquired generation will ultimately depend on sales channel and market conditions. | 2. Bank facilities have
now been executed, with remaining lender conditions precedent being completed in coming days. | 3. Representing target ungeared project IRRs. | 4. Indicative average uplift from new generation accounting
for the planned partial closure of Wairakei geothermal station.
Glenbrook-Ohurua
Battery 2
Glorit
TeHuka 3
Online Dec 2024
Tauhara
Online May 2024
Recent projects –Continuous build programme since 2021
+275GWh p.a.
+100MW / 200MWh+430GWh p.a.+1,430GWh p.a.
Auckland
Wellington

9
Beyond known committed projects, opportunities for new
electricity demand exist at scale across key sectors
Data Centres
Metals
Electrification of dairy
3
Reopening of NZAS Line 4 potline
*
National Green Steel EAF
Consented via fast-track
The Contact31+ strategy includes delivering lowest-cost diversified wind and rapidly deployed solar, anchored on long-
term industrial partnerships. Recognising that some of the indicative opportunities illustrated here are large-scale and
binary, in the event allshould proceed, we estimate that they could contribute up to
~8TWh of additional demand beyond already committed projects.
1. For data centres we typically assume an average power usage effectiveness (PUE) factor of 1.4 and a mature load realisation factor of 50%. | 2. All project capacity is sourced from company presentations,
except for Goodman Property Trust which is sourced from its announcements on the Penrose campus and Transpower grid planning queue. | 3. It is expected a portion of load from shifting dairy
manufacturing away from coal will go to biomass. | 4. Based on manufacturing fuel use disclosure in Fonterra’s FY25 Climate Statement. Suitability for electrification to be confirmed.
Major Metals projects
>50MW | 400GWh
~56MW
Fonterra has committed to
eliminating coal use by 2037
It is estimated that this requires 1.8TWh
of energy to replace.
4
Completely shifting away from all fossil fuels
could require 4.6TWhof energy
(including known and committed biomass and electricity
conversions not yet commissioned by FY25).
4
Additional potential data centre demand
Other large potential operators
2
,
disclosed uncommitted pipeline
Major existing operators
2
,
disclosed uncommitted pipeline
Ten Peaks
130MW126MW
280MW
15MW
Estimated load
* see update on slide 13
could add 4-5TWh
1
from two sources:
150MW

10
Contact can draw on its deep set of enabling capabilities to
support customer energy transition and growth
Data Centres
Metals
Electrification of dairy
Contact has deep enablingcapabilities as a long-term energy market participant, leading developer of
renewable energy projects and an intergenerational partner to tangatawhenua and local communities
Tangata whenua
relationships
Environmental
stewardship
Grid / network
connectivity
Fuel flexibility
management
Local government
engagement
Sustainable business
practices
Planning and project
governance
Energy firming and
resilience
Community
involvement
Consenting
processes
Local contracting
relationships
Flexible load
contracting

11
New Zealand is an internationally competitive location for
large-scale data centres hosting AI workloads
New Zealand’s competitive position(BCG analysis)Key componentsInvestment drivers
1–3 years for grid connection vs 2–5+ years for other developed countriesGrid connection
Rapid speedFast track permitting programmesfor infrastructure, including data centresPermitting
Generation to power ~1GW DC equivalent under construction / shovel-readyGeneration supply
100% firmed contracts at US$60–80/MWh; lowest-cost developed country in APACEnergy
Competitive costAbundant land; 10% larger than UK & only 5m people; cost on par with peersLand
Construction cost on par with peersConstruction
>1GW of grid capacity available within 1-2 yearsacross 6 advantaged zones
1
Transmission availability
Advantaged sites4 existing subsea cables; 4 new cables under development, including by GoogleConnectivity
Abundant water; mild climate enables cooling efficiencyClimate, water & resources
Low/zero tariff; 20% immediate CAPEX depreciation; favorable thin capTaxes, duties & tariffs
Supportive policy
1st in Ease of Doing Business Index globallyBusiness environment
95%+ renewable electricity supply by 2027 –1 of 3 developed countriesEnergy sustainability
Sustainable &
secure
1 of only 7 non-EU countries recognised by EU for adequate data protectionData security
Very low risk; Moody’s AAA; 2nd in Global Democracy IndexPolitical stability
^
^
^
^
^
^
^
^
^
^
^
^
Source: BCG discussion pack “New Zealand: Destination for Data”
1
North Waikato, Taupo, Taranaki, Manawatu, South Canterbury, Central Otago.
~
~

12
Total uncommitted generation pipeline of 11TWh+,
provides optionality to accelerate with demand
We are advancing 4TWh+ of priority development options
to meet new demand opportunities
Huriwaka
250MW | 890GWh
Southland wind
>325MW | 1,210GWh
TeMihi Stage 3
Up to 100MW | 830GWh
1
(Up to ~300GWh net uplift)
2
Tauhara 2
50 –70MW | 415 –580GWh
Stratford BESS
200MW | 400MWh
Argyle
80MWac | 180GWh
Stratford Solar (hybrid)
150MWac | 300GWh
1. Ultimatesize is subject to additional consented mass-take. | 2. Represents potential net uplift in output after accounting for the planned closure of the Wairakei geothermal station. | 3. Fluidtake is partially
consented. Ultimate size is dependent on additional land access and consented mass-take. |4. TeMihi Stage 3 is included on a net uplift basis.
Consent granted
In Fast-Track
Contact31+ priority
development options,
representing ~4TWh of
net new renewable output
And can draw additional projects from our 11TWh+ total pipeline to meet acceleration in customer needs
Tauhara 3
Up to 100MW | 830GWh
3
High priority proposed
Contact31+ growth
projects subject to FID
Future development
pipeline options
under assessment
​~11
Solar
Geothermal
4
Wind
0.5
0.7
​Renewable generation development pipeline options, TWh
​~4
​~7

13
Pathway in place for NZAS to act as a long-term customer
underpinning Contact’s 1TWh+ Southland Wind Farm
Consent granted
Strategic partner RFI process advancing
•Consent approved April 2026.
•Up to 55 Turbines, >325MW total
capacity.
•Average annual output expected to
be >1,210GWh p.a.
•Specialised infrastructure advisor, Mafic, appointed
to run identification and selection process for a
strategic partner for Contact’s extensive wind pipeline.
•RFI released to the market April 2026.
•High level of interest received from a range of credible
parties –assessments underway.
•Non-binding letter of intent(LOI)
signed with Rio Tinto for a PPA to
support the potential restart of
50MW line 4 potline at NZAS.
1
•Credible baseload partner
helping to underpin Southland
Wind Farm (if approved).
LOI with Rio Tinto
Contact is advancing its strategic partner identification process and targeting mid-2027 for a Final Investment Decision
1. New Zealand Aluminium Smelters Ltd.

14
Construction togetunderwayon GloritSolar in June, bringing
new renewable generation to market
1
Key investment metrics –
expected (Contact)
Capacity /
output
~150MWac
~287GWh p.a.
Generation under
PPA to Contact
80% of output
~230GWh p.a.
Project
costs
3
~$316M
~$2M/MWac
>70% project financed
Online
Q4 CY2028
%
Contact target IRR
2
Over12%
Operating
cost and
SIB capex
~$20/MWh p.a. (real)
Upper North Island
generation, close to load,
benefits GWAP and the
settlement under the PPA
Delivers on the
combined strengths
within Contact’s JV
with Lightsource bp
Speed to market to
support >500GWh of
contracted new summer-
weighted demand
JV structure (50/50) and
>70% project finance
reduces Contact’s required
total capital outlay
✓✓✓✓✓
Strategic benefits
Connection into
strong point on
transmission
grid
✓
1. Bank facilities have now been executed, with remaining lender conditions precedent being completed in coming days. Early works underway and Notice to Proceed will be issued to EPC in June.| 2. Includes joint
venture returns and margin on acquired generation. Return on acquired generation will ultimately depend on sales channel and market conditions. | 3. Includes development costs. Indirect overheads and financing costs
of ~$45M excluded. | 4. Battery Energy Storage System.
Comprehensive EPC
contract with EPC JV
holding a strong track
record of delivery
(Remainder sold merchant within JV)
Key investment metrics –
expected (Project)
Contact
PPA term
15 years
Target
schedule
Contact has already contracted over 500GWh p.a. of new summer-weighted load in the dairy sector
Site consented for DC-
coupled BESS
4
; future
option to incorporate
BESS is maintained
✓
Updated since Contact’s final investment decision in February 2026.

15
Next priority: Securing the value of Contact’s highly
strategic Stratford site
Following the February 2026 closure of Contact’s Taranaki Combined Cycle baseload gas plant (TCC), Contactis prioritising
options that will leverage the unique combination of site resources and support growth in the Taranaki region
Grid-scale batteries consented
Hybrid solar farm in consenting
Existing on-site firming capacity
Available transmission capacity
500MW grid-scale battery
capacity consented.
A future option for intra-
day firming as intermittent
generation grows.
200MW of fast-start gas
peaking capacity.
Supported by long-term
gas contracts and access to
AhuroaGas Storage facility.
350MW transmission capacity
available within 1-2 yearswith
minimal substation work.
600MW expected to be
available within 2-3 years
following planned upgrades.
2
150MWac / 300GWh p.a.
solar farm, with DC coupled
batteries potentially
providing up to 750MWh
storage.
1
Land owned and under option
Existing site complemented
by significant adjacent land
options.
Abletosupportscalable
renewableandloadgrowth
opportunities.
Long-term member of the community
50 years operating in the
Stratford community.
Long-standing relationships
with local stakeholders
including councils and
tangatawhenua.
1. Based on batteries with 5-hour duration. | 2.BCG analysis based on Transpowerdata and disclosures.

16
Contact’s continued growth will be disciplined, with
simplified processes and deployment of automation
Base operating expense expectations, $M
360360360
FY26eFY27eFY28e
Base operating expense is before:
•One-off transaction and integration costs associated with the
July 2025acquisition of ManawaEnergyLimited.
•Any SAAS costs that may be associated with investment in
Contact’s future retail platform.
•Any SAAS implementation costs recognisedas operating
expensewould be offset by a commensurate reduction in
the pre-signaled maintenance capex associated with
Contact31+ enablement.
Achievement of Manawa cost synergies –and early progress on productivity initiatives –support a commitment to
delivering and maintaining $360M nominal base operating expensein each of FY26, FY27 and FY28
Signalled in
November
2025:
$360M$363MNot indicated

17
We’ve laid the groundwork and have a
clear vision for success through Contact31+
​Most diversified generation portfolio in New Zealand with
mean output ~98% renewable
1
​New Zealand's leader in geothermal operations and developmenthaving
brought a total 225MW of new geothermal plant online in the last 2 years
​Largest national renewable pipeline
2
with 11TWh+ of
uncommitted geothermal, wind and solar development options
​Trusted retailer with leading cost-to-serve, 30% lower
than peers
3
17
​Track record of performance having delivered 13% p.a. total shareholder
return in the last 5 years and outperforming EBITDAF guidance every year
4
​Strong balance sheet to support growth, with average S&P net
debt / EBITDAF ratio expected to remain in Contact’s target range of
2.6x –2.8x over the medium term
1. Based on long-run mean year output from Contact’s current operational asset base. | 2. When comparing pipelines across the market, Contact
excludes 3
rd
party solar purchases, pre-pipeline opportunities and other prospects where access is not yet secured. | 3. Based on total retail opexper
connection in FY25. | 4. Reflects FY21 to FY25 period on both measures. Total shareholder return is a compound annual growth rate.

18
Appendix

19
Contact31+ will deliver the highest value
outcomes for our investors and for NZ
•500MW of batteries online
1
, with a further 500MW consented
•Long-term renewable flex options developed
•FY31+ peaking strategy developed
Flex
...
•500+ MW wind delivered or committed
1
•450 MWacsolar delivered
1
•1+ TWh industrial energy demand electrified
Wind and solar
•All customers live on modern retail platform
•Cost-to-serve $90 per customer
2
•65MW retail demand flex under management
Home
•ROIC +300bps on historical
•$1.2-1.3B EBITDAF (fully-ramped exit run-rate $1.3-1.4B)
•Dividend >50cps
Financial
•250MW geothermal delivered or committed
1
•FID on Tauhara 3
1
•50MW+ greenfield options
Geothermal
FY31 Targets, Subject to future investment decisions
Does not include potential upside from acceleration options in the
event a high market demand scenario materialises
Strategic pillar
1. Each FID to be considered in isolation with all information available at the time. Pending appropriate market conditions and projects meeting returns
thresholds. Targets by technology include projects under construction but yetto be delivered at the introduction of Contact31+ i.e. TeMihi Stage 2
geothermal, Glenbrook-OhuruaBattery 1 and KōwhaiPark solar.| 2. Cost-to-serve per customer. Calculated as total retail opex, excluding acquisition
costs and indirect technology costs not directly related to customer service, divided by total number of customers. This differs from $/connection
previously measured under Contact26.
19

20
Contact’s geographically diversified operating assets
Operational generation assets across New Zealand,capacity, MW
1
Dunedin
Wellington
Tauranga
Auckland
Stratford peakers 200MW
Branch River 11MW
Christchurch
Wairakei -138MW
TeMihi 1 & 2 -166MW
Poihipi-53MW
Ohaaki-41MW
Tauhara -174MW
TeHuka1 & 2 -26MW
TeHuka 3 51MW
Kaimai 42MW
Matahina 77MW
Wheao& Flaxy 28MW
Hinemaiaia7MW
Esk4MW
Mangahao40MW
Mangorei4MW
Motukawa5MW
Patea32MW
Kuratau6MW
Wairere4MW
Mokauiti2MW
Cobb River 36MW
Waihopai3MW
Amold 3MW
Kumara/Dillmans/
Duffers 11MW
Kaniere Forks/McKays1MW
Wahapo3MW
Coleridge 40MW
Highbank/Montalto 33MW
Paerau/Patearoa13MW
Deep Stream 6MW
Waipori93MW
Piriaka
1
1MW
Bream Bay 8MW
Clyde 464MW
2
Roxburgh 320MW
2
Whirinaki156MW
1. Capacity shown is the maximum rated capacity (MCR or nameplate capacity) for each plant, which may differ from the actual operational capacity in a range of circumstances.| 2. Clyde and Roxburgh power
stations each form part of the Clutha hydro scheme.
Thermal peaking plant
Hydro stations
Geothermal stations
Levin
Glenbrook-OhuruaBattery 1
100MW/ 200MWh
Battery Energy Storage System
Solar nearing energisation
KōwhaiPark
150MWac
649MWof North
Island geothermal
255MWof North
Island hydro
1,040MWof South
Island hydro

21
Project status
Earliest
available
investment
decision
3
Expected
online date
Estimated
output
(GWh)
Capacity
(MW /
MWac)
1,2
TechnologyProject
Under
construction
Consented
Consent
lodged
Land
secured
Q3 CY2026275150Solar KōwhaiPark
Committed
Q3 CY2027840101GeothermalTe Mihi Stage 2
Q4 CY2028287150SolarGlorit
Q1 CY2028n/a200
4
BatteryGlenbrook-Ohurua 2
4
FY2718080SolarArgyle
High
-
priority Contact31+
FY27300150Solar (hybrid)Stratford
4
FY271,210>325WindSouthland
FY27890250WindHuriwaka
FY27n/a200Battery Stratford
4
FY27415 -58050 -70GeothermalTauhara 2
FY28Up to 830Up to 100GeothermalTeMihi Stage 3
5
FY30Up to 830Up to 100
Geothermal Tauhara 3
5
1,060300
WindKaihiku(JV)
6
Assessing
190100
SolarKaipara
~1,500>400
WindPouto
710250
WindHapuakohe
540250
SolarMackenzie Basin
530150
WindOtotoka
330100
WindMarlborough
490225
SolarMoa Creek
830400
Solar Other solar
750250
WindOther wind
An attractive and diversified pipeline of development
options
1.Final size of wind projects to be confirmed.
2.Capacity for solar projects is shown as MWac.
3.All available FID timings to be confirmed. These do
not represent target FID dates.
4.Consent granted for 500MW of standalone BESS at
each of Glenbrook and Stratford, including 300MW
investment approved and operational at Glenbrook.
Stratford solar consent application includes an
additional 150MW of DC coupled BESS.
5.Fluid take partially consented. Ultimate size is
dependent on consented mass-take(and for Tauhara
3, additional land access).
6.Kaihikuis a 50:50 JV with 300MW total capacity.
Solar options
Wind options
1
Land access secured
Consenting underway
Consented
~7TWh
4
2
​1.2
~2.6TWh
Combined solar and wind
pipeline options of ~10TWh
2.1
0.3
0.2