Windflow Technology's insurers will pay the full cost of reinstating the company's prototype wind turbine, which was severely damaged by a freak wind shift in March.
Insurers NZI are processing a progress payment of $395,000 and Windflow expects the final cost of reinstatement to exceed $500,000.
Windflow chief executive Geoff Henderson said the company was back on track to complete the first turbines for the 97-turbine Te Rere Hau wind farm near Palmerston North this summer.
Insurers to meet wind turbine costs
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