Small businesses can access Pipeline Finance or Asset Finance through the NZGIF Green Finance Accelerator (GFA).
The GFA is aimed at SMEs and offers lending of up to $5 million and terms of up to two years for pipeline (working capital) finance or up to five years for asset finance.
Funding requirements include:
- Commercialised low-carbon technology with clear New Zealand emissions reduction benefits
- Pipeline of projects or customers
- Established and capable management team
Lending criteria apply.
Video: Investment Manager Guy Wilson explains everything you need to know about the GFA.
Download the flyer for details on the NZGIF Green Finance Accelerator programme.
Case study: Thundergrid
Thundergrid, a Landis+Gyr Company, accessed Green Finance Accelerator pipeline financing to grow its business.
Thundergrid supplies EV charging stations and manages charging networks for large customers. In late 2022, NZGIF provided a $1m working capital facility via the Green Finance Accelerator to support Thundergrid to deliver on a scaling pipeline of committed customers. NZGIF's funding enabled Thundergrid to accelerate revenue growth without requiring additional equity. Thundergrid was purchased by Landis+Gyr (LAND.SW) October 2023.
Hear what CEO Jonny Parker has to say about the GFA.