Greenpeace's Norman lobbies ACC investment chief Bagnall not to invest in Ruataniwha

Wed, 07 Sep 2016

By Jonathan Underhill Sept. 8 (BusinessDesk) - Former Green Party co-leader and now Greenpeace New Zealand director Russel Norman has appealed to ACC investment manager Nicholas Bagnall not to commit the state-owned accident insurer's funds to the Ruataniwha Dam project. ACC has declined to comment on rumours it is the institutional investor who has conducted due diligence on the $275 million project, which would create a 93 million cubic metre reservoir to store water in the upper Makaroro river to improve river flows for agricultural u...

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