NWF nz windfarms limited

Ann: GENERAL: NWF: ENVIRONMENT COURT DECISION

  1. lightbulb Created with Sketch. 2
    					
    
    NWF
    25/07/2012 10:32
    GENERAL
    
    REL: 1032 HRS NZ Windfarms Limited
    
    GENERAL: NWF: ENVIRONMENT COURT DECISION
    
    NZX Announcement
    25 July 2012
    For Immediate Release
    ENVIRONMENT COURT DECISION
    NZ Windfarms Limited ("NWF") advises that having conducted its initial review
    of the recent Environment Court decision it has determined that it will take
    the following actions.
    It has decided to lodge an appeal against one aspect of the Environment Court
    decision following advice from its legal experts that it has reasonable
    grounds for appeal (specifically against Declaration 1.9).
    Notwithstanding the decision to appeal and the legal process, NWF intends to
    initiate a meeting as soon as practicable with the Palmerston North City
    Council (and others as appropriate) to work constructively though the matters
    being raised with a view to developing options for resolving the issues that
    have led to this circumstance. NWF would like to ensure that the Te Rere Hau
    wind farm's operations contribute positively to the community and are fully
    compliant with their resource consent conditions.
    Further announcements will be made when the review of the decision is
    complete.
    ENDS
    For further enquiries contact:
    Chris Sadler
    Chief Executive Officer
    End CA:00225264 For:NWF    Type:GENERAL    Time:2012-07-25 10:32:59
    				
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.