Power conglomerate Meridian Energy has pulled the plug on its proposal to build a $2 billion wind farm in Central Otago.
Meridian is currently withdrawing its Environment Court appeal for resource consents for Project Hayes.
Project Hayes would have been a 176-turbine wind farm, with a capacity of 633.6 MW, in the Lammermoor Range.
Meridian was granted resource consent in 2007, which was then appealed against by environmentalists because of the impact this would have on Central Otago’s landscape.
Meridian has since reviewed Project Hayes against its portfolio of renewable energy projects and decided its time could be better invested in other projects.
"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,'' Meridian Energy chief executive Mark Binns said.
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