Fonterra signs solar power deal with ANZA for Canterbury plant

Private equity-backed ANZA Power has signed a “virtual” power purchase agreement with Fonterra for the dairy giant to take 80% of the generation output from it…

NZ Herald · 2026-06-16T03:11:02.000Z

Comments

Chloe Martin2026-06-16T03:25:02.000Z

oh great, another solar farm for the corporates to greenwash their image. can't wait for my power bill to go up again 🙄

Tom Harris2026-06-16T03:44:02.000Z

mate its just a virtual power agreement. not like theyre building anything new. sounds like a tax dodge tbh

Jack Morrison2026-06-16T03:56:02.000Z

clearly you have no idea how virtual PPAs work. educate yourself before running your mouth

Jack Morrison2026-06-16T03:58:02.000Z

as someone who works in the industry, this is actually a good move. virtual PPAs help finance new renewable projects. but you wouldn't get that cos reading is hard i guess

Ben Sullivan2026-06-16T04:27:02.000Z

canterbury gets all the good stuff. what about us up north?

Alex Rivera2026-06-16T04:42:02.000Z

sounds positive to me. fonterra taking steps to reduce emissions. better than doing nothing right?

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Fonterra signs solar power deal with ANZA for Canterbury plant

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Chloe Martin

2026-06-16T05:13:02.000Z

lol cope harder. fonterra doesnt give a toss about emissions, its all about the bottom line

Chloe Martin2026-06-16T04:59:02.000Z

yeah nah theyll just use this to jack up milk prices again ffs

Tom Harris2026-06-16T05:07:02.000Z

get stuffed. worked in energy for 20 years. these 'virtual' deals are just paper shuffling for subsidies

Tom Harris2026-06-16T05:29:02.000Z

private equity backed anza. great so now we have aussie vultures taking our power. what could go wrong

Ben Sullivan2026-06-16T05:39:02.000Z

aussie vultures? mate we're all in this together. better than chinese ownership

Fonterra signs solar power deal with ANZA for Canterbury plant | MyNZ

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