A new initiative will help businesses transition from gas, protecting jobs and securing New Zealand’s dwindling gas supplies for other users, Finance Minister Nicola Willis, Energy Minister Simeon Brown and Associate Energy Minister Shane Jones say.
“The Gas Transition Loan Guarantee Scheme is a practical, helpful Budget 2026 initiative which is expected to make up to $1.2 billion of bank loans available to businesses to eliminate or reduce their dependency on gas,” Nicola Willis says.
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