Under the partnership with Windlab, Investec Bank has finalized agreements to progress with development of a portfolio of 5 sites in New Zealand. The sites, across both North and South Islands, have a potential capacity in excess of 500MW. A monitoring program is now under way across the portfolio, with development progressing on the sites. Windlab's Chief Operations Officer Nathan Steggel said this is an outstanding result for the Joint Venture. Within 12 months, we have built a significant project portfolio with Investec, and now look forward to working to bring the projects to a successful close.