PwC New Zealand is proud to have acted as the exclusive financial advisor on a landmark equity partnership involving Pioneer Energy Group Limited Partnership, and Tōtara Energy LP. The transaction, which followed a competitive international capital-raising process managed by PwC, has resulted in Tōtara Energy LP acquiring a 30% stake in the Group.
This strategic investment strengthens Pioneer Energy’s position in New Zealand’s renewable energy sector, enhancing its capacity to invest in future-focused projects such as renewable and waste-to-energy initiatives.
Tōtara Energy LP comprises a syndicate of Māori-owned and impact-driven investors with deep sector knowledge and a shared commitment to environmental sustainability and community benefit. Their involvement supports the ongoing evolution of Pioneer Energy as a key contributor to Aotearoa’s clean energy future.
Simon Healy, Partner, PwC New Zealand commented: “We are incredibly proud to have supported Pioneer Energy and Central Lakes Trust on this important transaction. The equity raise and partnership will support Pioneer Energy Group LP’s continued investment in renewable energy and waste-to-energy projects, contributing to a more sustainable future for Aotearoa New Zealand.”
