Tyndall Investment Management has again upped its stake in New Zealand Windfarms for the fourth time in a year.
The investor now has an 8.2% stake in Windfarms. In June last year it was half that.
Domestic equities manager Rickey Ward says Windfarms position and growth is strong, so Tyndall has taken advantage of Windfarms falling shareprice to top up its existing substantial position.
He says Tyndall is looking at other investment opportunities that it believes are being under-valued in the market.