What Yinson Renewables does

Yinson Renewables is a clean energy infrastructure developer and independent power producer (IPP) focused on onshore wind and solar generation, operating across the full project lifecycle from early-stage site investigation and resource consenting through construction to long-term asset management. The company is a wholly-owned subsidiary of Malaysian conglomerate Yinson Holdings Berhad, legally domiciled as Yinson Renewables Pte Ltd in Singapore (reg. 202028295N) with a New Zealand-focused operating presence. Its current development portfolio centres on three New Zealand wind projects: Mt Cass Wind Farm (94.6 MW, 22 turbines, under construction toward 2028 commissioning, expected to generate 300+ GWh annually), Pahiatua Wind Farm (32-56 MW, resource consent secured November 2025), and Santoft Wind Farm (early-stage feasibility in the Rangitīkei District). The New Zealand pipeline approved by the OIO totals approximately 1 GW, with a broader renewable pipeline of roughly 2.5 GW referenced across other geographies.

The business model is asset-based recurring revenue from electricity generation sold under long-term Power Purchase Agreements (PPAs) to utility off-takers — primarily Genesis Energy under a November 2025 exclusivity deal covering co-investment and offtake rights in New Zealand. Electricity is delivered via connection to Transpower's national grid. Revenue is not yet recognised at meaningful scale: no operating power generation assets exist today, and Mt Cass (the lead project) does not commission until 2028. Go-to-market combines enterprise-level PPA negotiations with direct-to-landowner community engagement, including consultation with mana whenua (Māori iwi) — Rangitāne o Tamaki nui-ā-Rua and Ngāti Kahungunu ki Tāmaki nui-a-Rua — under New Zealand's Treaty-based framework. Capital sources include a $59M funding round in November 2024 and ongoing parent-group balance-sheet support, funding development costs, the Mt Cass acquisition from MainPower NZ (December 2025), and consenting/construction preparation. Geographic footprint extends beyond New Zealand to India, Indonesia, Malaysia, Brazil, Chile, Colombia, Peru, and Italy, with an emerging adjacency into carbon capture via the Havstjerne CCS project.

Name

Yinson Renewables

Legal name

Yinson Renewables Pte Ltd

Website

https://yinsonrenewables.co.nz

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Yinson Renewables is a Singapore-domiciled, Malaysia-parented independent power producer developing onshore wind and solar farms across New Zealand, Asia Pacific, Latin America, and Europe, with a ~1 GW NZ pipeline and lead asset Mt Cass (94.6 MW) under construction toward 2028 commissioning.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation / Independent Power Production

NAICS

Wind Electric Power Generation (221115)

SIC

Electric Services (4911)

akta.pro primary industry

Contracted Wind Power Generation (PPA/CFD/FiT-backed) (EUACAFAJ)

akta.pro secondary industries

Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build) (EUAMAAAF), Greenfield Site Origination & Land Acquisition (Leases, Easements, Title) (EUAMAAAA), Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG), Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF)

Keywords

• Renewable energy development
• Wind farm development
• Solar power generation
• Independent power producer
• Clean energy infrastructure

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Electricity Generation and Sale: Yinson Renewables develops, constructs, and operates wind and solar farms, generating electricity that is sold under long-term power purchase agreements (PPAs) to utility companies, businesses, and potentially residential customers. The company operates across the full value chain from site investigation to asset management.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Yinson Renewables is an independent power producer (IPP) that develops, constructs, owns, and operates onshore wind and solar renewable energy assets. The company manages the full project lifecycle from site investigation, resource consenting, and regulatory approvals through financing, construction, and long-term asset operation, selling the generated electricity under long-term Power Purchase Agreements (PPAs) to utilities and large energy consumers.

Product overview

Yinson Renewables is a clean energy infrastructure developer and independent power producer offering onshore wind and solar energy generation assets. The company's portfolio includes three named projects in New Zealand: Mt Cass Wind Farm (94.6 MW, under construction), Pahiatua Wind Farm (32-56 MW, consented), and Santoft Wind Farm (early-stage investigation). The company operates across the full development value chain from site investigation and community engagement through consenting, financing, construction, and asset management. Projects range from small- to large-scale and are positioned to support New Zealand's decarbonisation goals.

Differentiator

Problem solved

Functional benefit

Products and services

• Yinson Renewables Onshore Wind and Solar Independent Power Production Full-lifecycle development, construction, ownership and operation of onshore wind and solar renewable energy assets, generating electricity sold under long-term Power Purchase Agreements (PPAs) to utilities and large energy consumers.
• Mt Cass Wind Farm A 94.6 MW, 22-turbine wind farm on the Mt Cass range near Waipara, North Canterbury, New Zealand. Designed to generate over 300 GWh annually, supplying approximately 40,000 households and offsetting about 100,000 tonnes of CO₂ per year.
• Pahiatua Wind Farm A consented wind farm project west of Pahiatua township in the Manawatū-Whanganui region, New Zealand, with capacity of 32-56 MW across 8 approved turbines, capable of powering 18,000-32,000 homes.
• Santoft Wind Farm An early-stage wind farm investigation along the Rangitīkei District coastline in New Zealand, currently in feasibility stage with detailed studies by independent specialists.

Quantifiable outcome

• Mt Cass Wind Farm will generate over 300 GWh of electricity annually, enough to supply approximately 40,000 households
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered minor and core.

• MainPower New ZealandminorOthers · 18 December 2025MainPower New Zealand Limited sold the development rights to Mt Cass Wind Farm to Yinson Renewables. Yinson acquired the rights and will develop, construct, and operate the wind farm.
• Genesis EnergycoreStrategic or Co-development Partner · 26 November 2025Genesis Energy secured an exclusivity agreement with Yinson Renewables to co-invest in wind projects in New Zealand. The deal allows Genesis Energy to participate as a power off-taker or co-investor in Yinson's planned onshore wind developments, providing offtake certainty and capital partnership for project development.
• New Zealand GovernmentcoreStrategic or Co-development Partner · 1 November 2025New Zealand's Overseas Investment Office (OIO) granted approval for Yinson Renewables' renewable energy investments in New Zealand. Prime Minister Christopher Luxon acknowledged this as a major investment in New Zealand's renewable energy infrastructure, supporting the country's goal to double renewable energy generation by 2050.
• Rangitāne o Tamaki nui-ā-RuacoreOthersMāori iwi (tribe) holding mana whenua (customary authority) over the Pahiatua Wind Farm project location. Yinson acknowledges this iwi and Ngāti Kahungunu ki Tāmaki nui-a-Rua as mana whenua, engaging with them early in the project development process.
• Ngāti Kahungunu ki Tāmaki nui-a-RuacoreOthersMāori iwi (tribe) holding mana whenua (customary authority) over the Pahiatua Wind Farm project location. Yinson is engaging with this iwi and Rangitāne o Tamaki nui-ā-Rua as mana whenua partners, guided by them through the design and consenting process.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Meridian Energy: New Zealand's largest renewable generator (hydro and wind) and a state-owned enterprise. Directly comparable to Yinson as an onshore wind IPP selling contracted generation into the NZ electricity market, with established PPAs, iwi partnerships, and consenting track record.
• Mercury NZ: NZ-listed renewable generator with wind, hydro and geothermal assets. Comparable as an onshore wind developer/operator in NZ with retail generation supply contracts, competing for the same wind resource, offtakers, and consenting pathways as Yinson.
• Contact Energy: NZ-listed generator with a growing renewable portfolio (wind, geothermal, hydro). Directly comparable to Yinson as a developer/operator of new-build wind generation supplying PPAs into the NZ wholesale market.
• Genesis Energy: NZ state-owned energy company with both renewable and thermal generation. Directly comparable as both a competitor for NZ wind development and Yinson's announced co-investor/offtake partner, making it a structural counterparty in Yinson's go-to-market.
• Tilt Renewables: Australia/NZ wind developer with operational wind farms in NZ (including Tararua, near Pahiatua). Comparable as a regional wind developer targeting the same NZ electricity market with a similar project-development-to-IPP model.

Broad incumbents

• Iberdrola Renewables: Global renewable IPP with significant onshore wind portfolios in multiple geographies. Comparable as a global-scale wind IPP and developer, though Iberdrola is much larger and more diversified than Yinson Renewables.
• Engie: Global utility and renewable developer with multi-gigawatt onshore wind pipelines in LATAM, Europe, and APAC. Comparable in scope and geographic diversification to Yinson's stated multi-region strategy, but at vastly greater scale.
• Statkraft: Europe's largest generator of renewable energy and a leading wind/solar developer globally. Comparable as an institutional wind IPP with global development pipelines, especially in markets where Yinson is building a presence (e.g., LATAM).

Others

• Vestas: World's largest wind turbine manufacturer and a key supplier to Yinson's Mt Cass and Pahiatua developments. Comparable as a critical counterparty in Yinson's wind farm supply chain rather than a direct competitor.

Emerging players

• Cero Generation: European-headquartered renewable developer with a multi-gigawatt solar and wind pipeline across Europe and APAC. Comparable to Yinson as a similarly sized, growth-stage renewable developer pursuing cross-border pipelines.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yinson Renewables