Posts tagged "Crown Irrigation Investments"

TDC hopes Provincial Growth Fund will plug $18m hole in Waimea dam plan

[6 August/Stuff] Tasman District Council has applied to the Government’s Provincial Growth Fund in relation to the proposed Waimea dam. A guide to the fund specifically had an exclusion for water and large-scale irrigation, so it may preclude the dam project which had received funding commitments from Crown Irrigation Investments. It was to provide the...

Fed Farmers urge govt to reconsider irrigation loans

[3 January/ Radio New Zealand National] The Labour/ New Zealand First Collation government is being urged by Federated Farmers not to follow through on its promise to cancel any new loans to irrigation schemes.  Labour campaigned on introducing a water levy on farmers (although this has been placed on hold as a result of the coalition...

$6.5m loan for South Island irrigation scheme

[15 July/ NZ Farmer] The Government Agency, Crown Irrigation Investments confirmed the lending of $6.5 million for up to five years to Central Plains Water to develop stage one of the Rakaia to Waimakariri river canal irrigation scheme, which will include the construction of excess capacity in the headrace. Stage one of the scheme is...

CPW irrigation funding complete

[10 April/ Business Day] Crown Irrigation Investments has agreed to the draft terms of a $6.5 million loan for Canterbury’s Central Plains Water Scheme, making it the first investment by Crown Irrigation, which was set up to help establish regional scale irrigation schemes targeted at accelerating economic development. The Government has indicated that it may...

Ngai Tahu ‘nervous’ over plan

 [29 March/ Business Day] Ngai Tahu Holdings Corporation CEO, Mike Sang said that Trustpower brought experience of Coleridge power station and electricity generation to the Hawke’s Bay Regional Investment Company, and the fact that they have pulled out of the Hawke’s Bay Ruataniwha irrigation scheme makes the corporation “very nervous”. Ngai Tahu and Trustpower were...

Trustpower backs out of Ruataniwha water scheme as council sets public consultation

[27 March/ The National Business Review] Infratil controlled Trustpower walked away from a proposed $50 to $60 million investment in the $265 million Ruataniwha water storage scheme, stating that it will not be possible to invest in the Ruataniwha water scheme within the risk and return framework for a project of this nature. Trustpower general...

New Years Honours: Alison Patterson

 [31 December/ NZ Herald] Alison Paterson has been appointed dame companion of the New Zealand Order of Merit.  Dame Alison was the first female director of a publicly listed company in New Zealand and has had a long involvement with the Primary Sector.  She is currently a director of Stevenson Agriculture, Crown Irrigation Investments and...

Irrigation projects ‘must be sound’

 [11 November/ NZX Agri News Group] Crown Irrigation Investments Director Lindsay Crossen has said that the Crown would invest in certain irrigation schemes based on sound business cases. He added that once a scheme was up and running, the Crown would be keen to get its money out as soon as additional private capital was...

Crown irrigation investment company set up

[2 July/ Rural News Group] Crown Irrigation Investments, the Government’s irrigation investment company, has been set up successfully, Primary Industries Minister Nathan Guy has said. He said that the company will act as a bridging investor for regional water infrastructure projects, helping kick-start projects that would not otherwise get off the ground. Mr Guy said...