Energy · New Zealand, India

Best Energy Companies in New Zealand

Updated 2026-06-21 · Ranked by funding & momentum

105 indexable Energy companies headquartered in New Zealand, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $709.5M across 11 funded companies.

105
Companies
$709.5M
Total Funding
11
Funded
0
Unicorns
0
Rounds (90d)

Ranked: Best Energy companies in New Zealand

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Lodestone Energy
Leading the development of solar energy sector with large-scale solar farm projects
$33.6M Series C Series C Apr 2025 16 2020 ↑ Active
2 New Zealand Energy
Oil and natural gas exploration and production company
$990.6K Public Post IPO Jul 2025 2010 ↑ Active
3 Lightyears Solar
Developer of utility scale solar energy power projects
$3.6M Series A Series A Mar 2024 5 2019
4 Vector
Provider of electricity, gas, and fibre network services
$230.2M Public Conventional Debt May 2017 970 1999
5 Contact
Provider of electricity, gas, broadband, and mobile services
$240M Public Venture Debt Jun 2015 1996
6 WEL Networks
Provides innovative electricity distribution solutions & services
$101.4M Funding Raised Conventional Debt Jun 2018 324 1988
7 Genesis Energy
Integrated power and gas company
$87.5M Public Conventional Debt Jun 2017 1999
8 Solagri
Developer of solar energy projects
$4M Series A Series A Dec 2021 8 2018
9 EnergyBank
Manufacturer of batteries
$2.7M Seed Seed Oct 2021 9 2020
10 Ecodiesel Limited
Producer of biodiesel from animal fats
$4M Series A Series A Sep 2009 2009
11 HydroWorks
Provider of civil contracting services for industrial and housing projects
$1.4M Seed Seed Dec 2015 57 2001
12 Z Energy
Fuel retailing company
Public Grant (prize money) Mar 2022 326 2011
13 Alpine
Developer of electricity transmission based utility projects
Unfunded 1992
14 aucom
AuCom provides fixed speed motor control solutions.
Acquired 99 2008
15 Azwood
Developer of bio energy plants
Unfunded 1978
16 Barrett Dynamics
Developer of solar energy projects
Funding Raised 2017
17 Betacom
Provider of lighting solutions, specializing in integrated lighting design
Acquired 2001
18 Business Lighting Solutions
Manufacturer of LED-based lighting products
Deadpooled 2008
19 Cellpower
EPC service provider in the solar energy sector
Unfunded 2001
20 Central Heating
Provider of whole-home central heating systems and installations. It offers a complete range of products, including radiators, underfloor heating, boilers, and towel rails. The company designs and installs custom central heating solutions tailored to individual homes and lifestyles, utilizing various combinations of heating methods to optimize comfort. They also provide homeowner care and support.
Acquired 29 2002
21 channel infrastructure
Channel Infrastructure is a fuel infrastructure company that offers laboratory testing as well as terminal and pipeline services.
Public 287 1961
22 Clean Energy NZ
Developer of utility scale wind solar and battery energy infrastructure
Acquired 4 2022
23 contact energy
Contact Energy is one of New Zealand's leading energy generators and retailers.
Public 945 1995
24 Contract Mechanical Services Private 2006
25 corys electrical
Corys Electrical is a nationwide distributor of electrical products & services to electrical contractors, industrial users & the government.
Acquired 300 1920
26 Counties Energy Private 146 1924
27 Counties Power
Supplier and distributor of electricity
Funding Raised 452 1924
28 CPS Solar
Provider of solar energy systems and related products and installation
Public 2011
29 CPS Solar
Provider of off-grid solar power and lighting solutions
Unfunded 2 2009
30 Delta
Developer of hydro power projects
Unfunded 1998
31 Dependable Power
Supplier and installer of diesel generators
Acquired 1975
32 DOT Downlights Acquired 11 1973
33 Eastland Network
Supplier of electricity
Acquired 1923
34 ecl group
ECL Group is a technical services company that offers fuel systems and technology solutions.
Acquired 250 1958
35 Ecopoint (LED Lighting) Acquired 11 2005
36 Ecotricity
Provider of renewable power solutions for homes and businesses
Unfunded 2013
37 Electra
Your locally owned company has distributed electricity to the Kapiti and Horowhenua region for more than 70 years.
86 1922
38 Electrix Acquired 1,000 1955
39 Element 82
Manufacturer of deep cycle batteries, smart chargers, and circuit protection
Unfunded 2007
40 Enatel
Manufacturer of advanced charging solutions for industrial vehicles. They design and manufacture chargers for material handling and ground support equipment, as well as automated guided vehicles and other off-highway vehicles. The company offers a range of motive power chargers and industrial battery chargers, including the high-efficiency EcoCharge modular battery charger. Their products are designed to increase fleet uptime, provide secure and reliable energy, and improve power efficiency. The company also provides technical support and services.
Unfunded 141 2002
41 Energyworks Private 130 1972
42 ETEL Services Ltd
Services Include REPAIRS: Onsite and workshop repairs HV and LV motors rewind and overhaul Hazardous area machine repair Dynamic balancing Project Management Laser Alignment MAINTENANCE: Infrared thermography Vibration analysis Life expectancy analysis programme Machine inspections Electrical Testin
14
43 Firstgas
Distributor and retailer of natural gas
Acquired 163 2016
44 Freenergy Solar Solutions
Solar installer and service provider
Unfunded 2007
45 GeoFlow imaging
Developer of geothermal energy projects
Funding Raised 4 2018
46 Glowbal
Retailer of lighting products
Unfunded 2017
47 Green Spark Solar
Supplier and installer of solar systems
Unfunded 2016
48 Gull
Provider of fuel
Acquired 38 1998
49 hrv
HRV specializes in ventilation, heating, air conditioning, EV charging, and water services.
Acquired 417 2003
50 Influx
Provider of smart energy data and metering services
Acquired 18 2020

Top 12 Energy companies in New Zealand

#1
Lodestone Energy Series C
$33.6M Raised
expand_more
location_onAuckland, Auckland
Founded
2020
Employees
16
Funding raised
$33.6M
Stage
Series C

Lodestone Energy is a company focused on transforming New Zealand's electricity sector through the development of solar farms. They aim to increase New Zealand's solar production significantly and contribute to the decarbonization of the energy sector.

Funding rounds (2 disclosed of 2)
Round Date Amount
Series C Apr 2025 $30M
Series C Feb 2024 $33.6M
Tech stack
apple icloud mailazurecloudflarecloudflare bot managementcontact form 7core-js+14
#2
$990.6K Raised
expand_more
location_onWellington, Wellington
Founded
2010
Funding raised
$990.6K
Stage
Public

New Zealand Energy Corp is involved in exploration, development, and production of oil & natural gas from conventional & unconventional reserves in Taranaki Basin of New Zealand. Asset portfolio includes 100% working interest in Eltham Permit which produces 1100 BOE of oil per day; 65% operating interest in Alton Permit; 50% working interest in Waihapa which can produce 25k BOE of oil per day. Also, has interests in

Funding rounds (8 disclosed of 8)
Round Date Amount
Post IPO Jul 2025 $597.7K
Post IPO Oct 2024 $540.8K
Post IPO May 2024 $5M
Post IPO Dec 2023 $1.7M
Post IPO Oct 2013 $40.4K
Post IPO Mar 2012 $274.8K
2 earlier rounds — sign up free
Tech stack
bootstrapcore-jsdividnngoogle analyticsgoogle font api+14
#3
Lightyears Solar Series A
$3.6M Raised
expand_more
location_onAuckland, Auckland
Founded
2019
Employees
5
Funding raised
$3.6M
Stage
Series A

Developer of utility scale solar energy power projects

Funding rounds (1 disclosed of 1)
Round Date Amount
Series A Mar 2024 $3.6M
Tech stack
angularcart functionalitycloudflarecloudflare browser insightscore-jsgoogle font api+14
#4
Vector Public
$230.2M Raised
expand_more
location_onAuckland, Auckland
Founded
1999
Employees
970
Funding raised
$230.2M
Stage
Public

Provider of electricity, gas, and fibre network services. It offers electricity and gas services, including network maintenance and smart energy solutions. The company also provides fibre network services and related technological solutions. Additional services encompass outage reporting, planned power outage information, and safety resources for network-related emergencies. It supports distributed generation and bat

Funding rounds (2 disclosed of 2)
Round Date Amount
Conventional Debt May 2017 $218.2M
Conventional Debt Jan 2010 $12M
Founders & key people
Tech stack
aceamazon cloudfrontamazon s3amazon web servicesapple icloud mailbabel+14
#5
Contact Public
$240M Raised
expand_more
location_onWellington, Wellington
Founded
1996
Funding raised
$240M
Stage
Public

Provider of electricity, gas, broadband, and mobile services. It offers bundled services, providing energy credits for adding broadband or mobile to existing electricity plans. The company also features renewable energy generation initiatives and energy-saving tips for customers. Support services and account management are available online. A focus on decarbonization is a key aspect of the business.

Funding rounds (1 disclosed of 1)
Round Date Amount
Venture Debt Jun 2015 $240M
Founders & key people
#6
WEL Networks Funding Raised
$101.4M Raised
expand_more
location_onHamilton, Waikato
Founded
1988
Employees
324
Funding raised
$101.4M
Stage
Funding Raised

The company distributes electricity to Hamilton region for over 100 years,connecting over 160,000 people to electricity through 93,000 installation connection points.

Funding rounds (1 disclosed of 2)
Round Date Amount
Conventional Debt Jun 2018 $101.4M
PE Jun 2018 Undisclosed
Tech stack
animate.cssapple icloud mailazureazure front doorbootstrapcloudflare+14
#7
$87.5M Raised
expand_more
location_onAuckland, Auckland
Founded
1999
Funding raised
$87.5M
Stage
Public

Genesis Energy is engaged in the natural gas & electricity production and distribution activities. Operating a thermal, hydro & wind power project which generate 1629-megawatt power. Claims to be operating the largest power station in New Zealand. Supplies bottled natural gas to residential & commercial customers. Provides a mobile application through which customers can select an electricity plan and can monitor the

Funding rounds (2 disclosed of 2)
Round Date Amount
Conventional Debt Jun 2017 $18.1M
Conventional Debt Mar 2016 $69.4M
Founders & key people
Tech stack
amazon cloudfrontamazon s3amazon web servicesapache wicketapple icloud mailazure+14
#8
Solagri Series A
$4M Raised
expand_more
location_onChristchurch, Canterbury
Founded
2018
Employees
8
Funding raised
$4M
Stage
Series A

Developer of solar plant designed to generate low-cost solar electricity. The company's technology generates its own renewable electricity from sunlight, offering farmers capital-free solar as a service, enabling clients to optimize environmentally sustainable agribusiness.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series A Dec 2021 $4M
#9
EnergyBank Seed
$2.7M Raised
expand_more
location_onAuckland, Auckland
Founded
2020
Employees
9
Funding raised
$2.7M
Stage
Seed

Developer of energy storage technology designed for the offshore wind market. The company's technology works by moving multiple thousand-tonne masses back and forth between the ocean floor and its surface over vertical distances, enabling customers to store energy with radically improved economics.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Oct 2021 $2.7M
#10
$4M Raised
expand_more
location_onAuckland, Auckland
Founded
2009
Funding raised
$4M
Stage
Series A

Ecodiesel, co-founded by Pacific Channel is developing a biodiesel production plant in New Zealand. Uses tallow as a feedstock to produce biodiesel. Also utilizes other raw materials like animal fats, vegetable fats and waste fats. Claims that the plant will produce 20-million liters of biodiesel per year.

Funding rounds (2 disclosed of 2)
Round Date Amount
Series A Sep 2009 $3.3M
Seed Mar 2009 $786.8K
Founders & key people
#11
HydroWorks Seed
$1.4M Raised
expand_more
location_onChristchurch, Canterbury
Founded
2001
Employees
57
Funding raised
$1.4M
Stage
Seed

Provider of civil contracting services for industrial and housing projects. This includes the construction of industrial buildings, housing complexes, power plants, and stadiums. They utilize modern management and construction techniques, employing qualified engineers and artisans. The company has a history of successfully completing diverse projects within specified timelines. Their expertise spans various sectors,

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Dec 2015 $1.4M
#12
Z Energy Public
326 Employees
expand_more
location_onWellington, Wellington
Founded
2011
Employees
326
Stage
Public

Z is a fuel retailing company which operates 150 retail stations in New Zealand and offers gasoline, diesel, biodiesel, LPG, and premium fuels. Also supplies aviation & marine fuel and diesel oil for fleet operators and logistics companies.

Funding rounds
Round Date Amount
Grant (prize money) Mar 2022 Undisclosed
Founders & key people
Investors
Tech stack
amazon albamazon cloudfrontamazon s3amazon web servicesaosapple icloud mail+14

Recent signals in New Zealand Energy

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Funding & investor landscape

Total raised
$709.5M
across these companies
Companies funded
11
with disclosed funding
Highest-funded
$240M raised

Most active investors

Icehouse Ventures Icehouse Ventures 3 investments in Energy Outset Ventures Outset Ventures 3 investments in Energy New Zealand Growth Capital Partners New Zealand Growth Capital Partners 2 investments in Energy NorthStar Impact NorthStar Impact 2 investments in Energy Pacific Channel Pacific Channel 2 investments in Energy ACC New Zealand ACC New Zealand 1 investment in Energy Beckenham Trustee 2012 Beckenham Trustee 2012 1 investment in Energy Blackbird Ventures Blackbird Ventures 1 investment in Energy Boost VC Boost VC 1 investment in Energy Charlestown Capital Advisors Charlestown Capital Advisors 1 investment in Energy EECA EECA 1 investment in Energy EnergyLab EnergyLab 1 investment in Energy

Notable founders in New Zealand Energy

JG John Greig Co-Founder New Zealand Energy · $990.6K raised
JP John Proust Co-Founder New Zealand Energy · $990.6K raised
ST Sean Tobin Co-Founder Lightyears Solar · $3.6M raised
MS Matt Shanks Co-Founder Lightyears Solar · $3.6M raised
BG Bruce Gordon CEO Vector · $230.2M raised
DB Dennis Barnes CEO Contact · $240M raised
MU Michael Underhill CEO WEL Networks · $101.4M raised
GD Garth Dibley CEO WEL Networks · $101.4M raised
JE Julian Elder CEO WEL Networks · $101.4M raised
ME Marc England CEO Genesis Energy · $87.5M raised
RF Rhys Foster Co-Founder EnergyBank · $2.7M raised
JH Jordan Hooper Co-Founder EnergyBank · $2.7M raised

Frequently asked questions

How many Energy companies are there in New Zealand?
Radar tracks 105 indexable Energy companies headquartered in New Zealand that meet our profile-completeness bar.
What is the total funding raised by Energy companies in New Zealand?
The Energy companies in New Zealand on this list have raised a combined $709.5M in disclosed equity funding across 11 funded companies.
Which is the highest-funded Energy company in New Zealand?
Contact is the highest-funded Energy company in New Zealand, with $240M in disclosed equity funding.
How many Energy companies in New Zealand are funded?
11 of the 105 Energy companies in New Zealand on this list have disclosed at least one equity funding round.
How many Energy unicorns are there in New Zealand?
None of the Energy companies in New Zealand on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in New Zealand Energy companies?
The most active investors in New Zealand Energy companies on this list include Icehouse Ventures, Outset Ventures, New Zealand Growth Capital Partners, NorthStar Impact, Pacific Channel.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-21.

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