The utility admits it hasn’t made provision in its 10-year plan for disposing of waste products, as it faces capacity limits at its biosolid dump site.
Details of the deal will be announced later this year.
Sale could proceed early next year, but final price will have to meet ministers’ ‘value-for-money expectations’.
Auckland rates a ‘zero’ on energy resilience to potential weather or other shocks, says report.
The Australian real estate and infrastructure player has already established a $1 billion foothold in New Zealand.
State-owned rail and ferry operator says it brought $1.1 billion of assets online last year.
Country’s largest import terminal and busiest cruise destination has come up with a ‘spot cleaning’ biofouling solution as cruise lines balk at entering NZ waters on rigid bio-security rules.
The Australian-French water services provider claims it has tried to facilitate a group of ‘mum-and-dad’ private developers working together, but it wasn’t under any obligation to pay for the required network diversion.
The traditional public private partnership model is ‘restrictive’ and front loads too much of the financial risk onto the private sector.
Above-guidance performance for the year sees surge in listed port share price, but boss says for any new service to come to the port, something else has to give.