Marsden Point solar project approved

Marsden Point solar project approved
Gavin Evans
The cost of Refining NZ’s proposed 31-hectare solar array has come in at the lower end of expectations. The $37 million project, approved by the company’s board, was mooted in July with a cost range of $36-39 million. It will be funded with a combination of non-recourse project debt and about $10 million of equity, the company said today. The equity component had previously been estimated at $12-15 million. “Tapping into solar-generated electricity is expected to shave around $3-4 million from our annual grid electricity bill and will red...

More Infrastructure

BP exits Channel Infrastructure in $46m deal
Infrastructure

BP exits Channel Infrastructure in $46m deal

BP follows Mobil and exits former Marsden Point oil refinery business.

Oliver Lewis 19 Jun 2024
Email from CCHL boss reveals dividend frontloading trade-offs
Infrastructure

Email from CCHL boss reveals dividend frontloading trade-offs

Paul Silk sent his email shortly before the director exodus.

Oliver Lewis 18 Jun 2024
Average household spends 16% of income on infrastructure – report
Infrastructure

Average household spends 16% of income on infrastructure – report

A new report from the Infrastructure Commission said the average household spends about 16% of their after-tax income on infrastructure services, or about $13,500 a year.The report on user charges for infrastructure services such as water, roads and electricity analysed what is c...

Kaya Selby 17 Jun 2024
City deals expected by 2025
Infrastructure

City deals expected by 2025

Deals tipped to reshape relationship between central and local government.

Kaya Selby 17 Jun 2024