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How Foresta’s Kawerau Biomass Project Survived a $3.4M Loss to Secure Key Approvals
2:59am on Saturday 30th of August, 2025 AEST
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Energy
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How Foresta’s Kawerau Biomass Project Survived a $3.4M Loss to Secure Key Approvals
2:59am on Saturday 30th of August, 2025 AEST
Key Points
65% decrease in revenue with a net loss of $3.375 million
Secured 30-year lease and resource consents for Kawerau facility
Fast-track approval under New Zealand’s Fast-Track Approvals Act 2024
Non-binding supply agreements with Genesis Energy and Lawter NZ
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