Applicant
Yinson Renewables Pte. Ltd.
Case number(s)
202500110
Decision date
Type
Decision
Topic
Overseas investment
DecisionConsent granted
Section 13(1)(b) Overseas Investment Act 2005
Decision makerToitū Te Whenua Land Information New Zealand
Decision date24 October 2025
PathwaySignificant business assets only
InvestmentEstablishment of a business to develop, construct and operate wind turbines for electricity generation
ConsiderationThe cost of establishing the wind farm business in New Zealand will exceed $100 million and is likely to be significantly higher.
ApplicantYinson Renewables Pte. Ltd.
Malaysia 86%
Various 14%
Background

The Applicant is ultimately owned by Malaysian energy infrastructure company Yinson Holdings Berhad.

It plans to establish a wind farm business in New Zealand, initially through the development of six wind farms with a proposed combined capacity of 900MW.

Consent was granted as the Applicant has met the investor test criterion.

The Minister of Finance has decided that the investment is not contrary to New Zealand’s national interest.

More informationBrigid McArthur
Greenwood Roche (Auckland)
P O Box 106006
Auckland