Meridian walks from Project Hayes
New Zealand’s Meridian Energy has announced it is withdrawing its applications for the development of the proposed windfarm development in Lammermoor Range in Central Otago, following a five year planning battle.
Known as Project Hayes, the proposed 176 turbine windfarm would have had a capacity of 644.6 MW.
The project was a high priority commercially for Meridian when the consent applications were lodged in 2006, when it was granted resource consents by the relevant local authorities in 2007.
“Our portfolio has developed considerably and our review showed us that other projects now are a higher commercial priority than Project Hayes,” said Mark Binns, Meridian Chief Executive.
“Meridian now has a number of potential development options that would be progressed ahead of Project Hayes. Withdrawing the consent applications is not only the most prudent commercial decision for Meridian, but also avoids prolonging uncertainty about this project for the community and the project’s supporters.”
Mr Binns said withdrawing the resource consent applications for Project Hayes is the right decision but is disappointing, not only for Meridian but also for all those who had an interest in the project proceeding.
“Meridian has worked closely with landowners, the community and a range of stakeholders throughout the resource consent process. We value the relationships we have developed in Central Otago, and acknowledge and thank everyone who has been involved in the project,” he said.