New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Thematic (Sector/Industry)

New zealand Energy / Thematic (Sector/Industry)

<div><div><div><div><ul><li>Quarterly reports released in February 2024 from the wind turbine manufacturers suggest prices are starting to ease, which would be welcome news for wind developers.</li><li>1H24 results reported by the big four generator/retailers contained few surprises but did highlight ongoing opex and consenting challenges, with opex generally negatively surprising and delays to several projects.</li><li>Generator/retailer share prices generally remain elevated, in particular Mercury (MCY) which is trading just short of record highs. </li></ul></div></div></div></div>

Quarterly reports released in February 2024 from the wind turbine manufacturers suggest prices are starting to ease, which would be welcome news for wind developers.1H24 results reported by the big four generator/retailers contained few surprises but did highlight ongoing opex and consenting challenges, with opex generally negatively surprising and delays to several projects.Generator/retailer share prices generally remain elevated, in particular Mercury (MCY) which is trading just short of record highs. 

Power Points -  Wind Regaining Its Puff? — March 2024