NZ Windfarms Limited announced production results for the first quarter ended September 30, 2012. For the quarter, the company reported electricity generation output of MWh 24,163 compared to MWh 31,892 a year ago. Average electricity price was $56.61 compared to $64.22 a year ago. Revenue from electricity sales was $1,368,000 compared to $2,048,000 a year ago. Turbine availability (average) was 95.7% compared to 96.9%. The revenue performance of the company continues to be negatively influenced by: the lower than expected wholesale electricity prices due to continued high inflows and above average storage levels in the hydro lakes; and the lower than average wind flow being experienced at the site.

The company also provided electricity revenue guidance for fiscal 20123. For the period the company expected electricity revenue of $10,337,000.