Lodestone Energy

Lodestone Energy, based in New Zealand, focuses on utility-scale solar energy generation by developing solar farm projects for both residential and commercial applications. Founded in 2020, Lodestone Energy operates out of Auckland, New Zealand, and specializes in solar energy production. The company has made a total of 6 deals, with its most recent funding round occurring on April 23, 2025, when it raised NZD 50 million. This funding will support its expansion in solar farm development.

The company has no known subsidiaries or parent companies. Lodestone Energy specializes in utility-scale solar energy generation, providing various solar farm projects designed to harness solar power for residential and commercial use. Key projects include the Kohirā Solar Farm, Rangitaiki Solar Farm, Te Herenga o Te Rā Solar Farm, Pāmu Rā ki Whitianga, and the upcoming Clandeboye Solar Farm in Canterbury. Together, these farms utilize 360,000 solar panels across 350 hectares, generating enough electricity to power around 50,000 homes.

The company aims to deliver clean energy solutions that contribute to New Zealand's carbon reduction goals, catering to a diverse clientele including households, businesses, and community organizations across multiple regions of the country. Lodestone Energy generates revenue through its activities as both a solar energy producer and a newly established electricity retailer. The company sells energy directly to thousands of homes and businesses within New Zealand's power grid, leveraging structured partnerships with larger energy consumers. The retail aspect simplifies transactions for customers, offering competitive pricing for solar energy.

Specific pricing plans have not been disclosed, but its focus on large-scale solar production positions it within the renewable energy market. In April 2025, Lodestone Energy secured NZD 50 million in venture funding, which will be allocated to accelerate the development and construction of new solar farms across New Zealand. The company is also planning to expand its market reach, targeting additional geographic regions to enhance its presence in the renewable energy sector. Specific details on upcoming products have not been disclosed, but the funding aims to bolster their solar farm initiatives.