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Softer Demand for Electricity Delays 490 Megawatts of Wind Projects in New Zealand

Softer Demand for Electricity Delays 490 Megawatts of Wind Projects in New Zealand

PERTH, AUSTRALIA--June 17, 2013--Researched by Industrial Info Resources Australia (Perth, Australia)--As much as $700 million in windfarm investments by Mighty River Power Limited (Auckland, New Zealand) will be delayed due to the stagnant electricity market in New Zealand, with two major projects held up in the permitting process.

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