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ENERGY
Kaiwaikawe Wind Farm
Mercury NZ (NZX-listed, majority state-owned) · Northland
A 77MW wind farm near Dargaville, Northland: 12 Vestas V162 turbines generating about 221 GWh a year, built by Mercury. First generation is planned for mid-2026 and full output by the end of 2026. Mercury puts the capital cost at $287m, excluding capitalised interest.
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Breakdown▾
Strongest delivery signals Data: High
Delivery Confidence Score, 0 to 100, higher is better: a ranking of how strong this project's delivery signals are, not a probability. It blends eight factors, including the election risk and policy alignment shown below.
Each axis is a scoring factor (0 to 100)
Data current as at 16 Sept 2026, when the pipeline was last checked against its source.
Key facts
- Region
- Northland
- Sector
- Energy
- Status
- Under Construction
- Estimated value
- $287m
- Indicative completion
- 2026
- Funding status
- Fully Funded
- Lead organisation
- Mercury NZ (NZX-listed, majority state-owned)
- Election risk
- Safe
Election risk assessment
Commercial renewable investment by Mercury, under construction and privately funded.
Government priority alignment
HIGH: New wind generation supporting the renewable-electricity transition.
Recent changes
- 2026-W37Major New project added: Kaiwaikawe Wind Farm (Under Construction, $287m).
Chronology
- 2023Mercury confirms the build; turbine supply contracted
- 2025Civil works and turbine erection under way
- 2026First generation mid-year; full output by year end
Source
Mercury: Kaiwaikawe wind farm ↗ · Mercury NZX announcement: new wind farm propels renewables commitment to $1b ↗