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Powerhouse received offer for Hydroworks shares before liquidation

NBR understands Hydroworks needed just $3.5 million to stay afloat, with major contract due to be signed.

Calida Smylie
Mon, 21 Aug 2017

Hydroworks had investor commitments for part of the few million dollars it required to stay afloat, before incubator Powerhouse Ventures toppled it into liquidation.

NBR understands the 16-year-old Christchurch hydro engineering company required just $3.5 million to tide it over, and had

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Calida Smylie
Mon, 21 Aug 2017
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Powerhouse received offer for Hydroworks shares before liquidation
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