Auckland, New Zealand – HikoTerra, innovator in mobile integrated power solutions, announced today an investment by accomplished private equity and venture capital investor John Clifford to support Company growth.

With a passion for both boating and the renewable energy sector, Clifford’s investment will help the HikoTerra team hire additional engineering talent to bring the Company’s next-generation marine power solutions to market. In addition to team expansion, Clifford will help HikoTerra’s mission to innovate and disrupt in mobile power systems. 

Clifford has a proven track record of success across the renewable energy sector. His experience includes IPOs, public markets, acquisitions, debt and equity fundraising, start-ups and more. He has direct executive experience in well over 100 private equity transactions worldwide and has driven many companies through the investment cycle to exit. Clifford currently serves as the Chairman for Sydney-based Virescent Ventures and previously worked for U.K. investor 3i and investment bank Rothschild. He is also currently serving as Chairman and is an investor in Relectrify, an Australian company innovating as the global leader in cell-level battery management.

“We’re thrilled to partner with John, as we continue to build the team at HikoTerra,” said Mark Harnett, CEO, HikoTerra. “John’s years of experience and his personal passion for the marine space as well as renewable energy will help usher the Company to an enhanced level of operation. We look forward to collaborating with John and continuing to bring sustainable energy solutions to the marine and mobile marketplace.”

“I’m thankful to Mark and the team at HikoTerra for letting me be a part of their journey,” said John Clifford. “Renewable and sustainable energy sources are becoming a larger focal point for the marine industry year after year. As a boater myself, I’m excited to use my knowledge and expertise to provide expansion to the Company’s team and capabilities.”

Hikoterra celebrated its debut in late 2025, with introduction of the H⁴ Hybrid Power System. Offering an unparalleled level of efficiency, scalability, integration and ease of installation for marine and mobile power requirements, the H⁴ product line is designed as a battery-first system flexible enough to deliver a home-like user experience. Fully integrated, more compact and easier to maintain than traditional onboard power systems centered around a generator, the H⁴ sets the new standard for onboard energy storage and supply.

The establishment of a global distribution and service network is underway, the H4 will be available mid-2026 and will be covered by a two-year warranty. For more information about HikoTerra and its innovative power solutions, please visit www.hikoterra.com.

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About HikoTerra:
Power Concepts NZ is now HikoTerra. The company is working at the leading edge of power electronics to develop integrated energy storage and supply solutions.HikoTerra has been quietly working on the project for some time and is now set for a phase of rapid expansion, introducing its innovative, world-class technology to the market with the support of experienced founders, investors and leaders with a history of success. Our founder and CTO Chris Fotherby is one of New Zealand’s leading engineers. Fotherby was CTO at Navman for many years and solved complex engineering problems to allow Navman to bring market leading technology to the world, critically at a cost that was able to transform the GPS and marine electronics industry. Over the last decade Fotherby has been applying his talent to making power electronics simply better and more efficient. His designs are revolutionary and will create change in a market that has been stagnant in its core power conversion fundamentals. In addition, co-founder and investor Sir Peter Maire also has decades of proven experience in bringing innovative technology from New Zealand to world markets.