News | Crown Irrigation Investments

Crown Irrigation agrees terms in respect of loans totalling $35 million to the Waimea Community Dam

21 December 2018 | Author: Murray Gribben

Crown Irrigation Investments Limited (‘CIIL’ or ‘the Company’) has agreed terms in respect of loans totalling $35 million to the Waimea Community Dam Project (the Project). CIIL has agreed terms for two debt facilities to the Project. A senior facility to...

Crown Irrigation provides funding for Orari-Temuka-Opihi-Pareora Irrigation Scheme

04 August 2017 | Author: Murray

Crown Irrigation provides funding for Orari-Temuka-Opihi-Pareora Irrigation Scheme Crown Irrigation Investments Ltd (Crown Irrigation) has agreed development grant funding of $339,875 for the Orari-Temuka-Opihi-Pareora (OTOP) irrigation conceptual design and costing project, which Environment Canterbury (ECAN) is managing. The South Canterbury area...

Crown Irrigation Invests $815,000 in the Manukerikia Water Project

02 August 2017 | Author: Murray Gribben

Crown Irrigation Invests $815,000 in the Manuherikia Water Project Crown Irrigation Investments Ltd. (Crown Irrigation) has agreed to provide development grant funding of $815,000 for remaining Manuherikia Water Project pre-feasibility phase investigations. The funding will enable the independent irrigation companies in the...

Crown Irrigation provides funding for Kurow Duntroon Irrigation Scheme

15 May 2017 | Author: Murray Gribben

Crown Irrigation provides funding for Kurow Duntroon Irrigation Scheme Crown Irrigation Investments Ltd. (Crown Irrigation) has agreed development grant funding of $388,000 for Kurow Duntroon Irrigation Company (KDIC), matching the company's own financial contribution for this development phase. The funding is...

Crown Irrigation provides funding for North Canterbury Emu Plains Scheme

06 March 2017 | Author: Murray Gribben

Crown Irrigation provides funding for North Canterbury Emu Plains Scheme Crown Irrigation Investments Ltd. (Crown Irrigation) has agreed development grant funding of $142,000 for Emu Plains Irrigation Incorporated (EPII) to assist in funding the work programme required for ascertaining the commercial...

Crown Irrigation Invests $1,370,000 in Hunter Downs Water Project

22 February 2017 | Author: Murray Gribben

22 February 2017 Crown Irrigation Invests $1,370,000 in Hunter Downs Water Project Crown Irrigation Investments Limited (Crown Irrigation) has agreed development grant funding of $1,370,000 for Hunter Downs Water Limited (HDW) to complete the next stage of its work programme as it...

Crown Irrigation provides funding for the Waimea Dam Project

10 February 2017 | Author: Murray Gribben

Crown Irrigation Investments Limited (Crown Irrigation) has agreed development funding of $805,000 alongside the Tasman District Council and Waimea Irrigators Limited (WIL) for the Waimea Dam Project. The Waimea Community Dam Project comprises building a dam in the Lee Valley which...

Crown Irrigation Invests up to $3.4m in North Canterbury – some good news for the region

09 February 2017 | Author: Murray Gribben

Media release 23 November 2016: Crown Irrigation Invests up to $3.4m in North Canterbury – some good news for the region Crown Irrigation Investments will invest up to $3.4m in the Hurunui Water Project, an irrigation scheme that will be capable of irrigating...

Crown Irrigation Invests $165,000 in Northland

09 February 2017 | Author: Murray Gribben

Media Release: Crown Irrigation Invests $165,000 in Northland Crown Irrigation Investments will invest $165,000 alongside the Northland Regional Council for the scoping of irrigation scheme options in the Northland region. “The scoping study will focus on irrigation options in the mid North and...

Crown Irrigation has provided Central Plains Water Limited with a $65million secured loan

13 December 2016 | Author: Murray Gribben

13 December 2016 Crown Irrigation has provided Central Plains Water Limited (Central Plains) with a $65million secured loan to part-fund Stage 2 of the Central Plains Water Enhancement Scheme Crown Irrigation Investments Limited (Crown Irrigation) has announced it has reached financial close to invest in...

Change in Responsibilities for Crown Irrigation Bodies

30 June 2016 | Author: Murray Gribben

Change in Responsibilities for Crown Irrigation Bodies Earlier this month the Minister for Primary Industries, Nathan Guy, announced a change in how the Government’s Irrigation programmes will provide support to complex regional scale irrigation schemes from 1 July. The responsibility for grant...

Change in Responsibilities for Crown Irrigation Bodies

18 May 2016 | Author:

Wednesday, 18 May 2016, 2:23 pm Press Release: NZ Government. Link to article: https://www.beehive.govt.nz/release/change-responsibilities-crown-irrigation-bodies...

Crown Irrigation Investments Limited reaches financial close on the Central Plains Water irrigation

15 July 2014 | Author: Murray Gribben

Crown Irrigation Investments Limited (Crown Irrigation) today announced it has reached financial close on its first investment with Central Plains Water Limited. Under the agreement, Crown Irrigation will provide $6.5 million of subordinated debt finance for a period of up to...

Irrigation funding to help economy, environment

15 May 2014 | Author: Nathan Guy

The Budget’s $40 million of new funding for irrigation projects will deliver economic and environmental benefits for New Zealand, Primary Industries Minister Nathan Guy says. “This will help unlock the potential that water storage and irrigation can deliver, giving a real...

Construction begins on Central Plains Water irrigation scheme in Canterbury

29 April 2014 | Author: Nathan Guy

Primary Industries Minister Nathan Guy has welcomed the official start of construction on the Central Plains Water irrigation scheme in Canterbury, which has the potential to create up to $1.4 billion in new economic activity. “This is a proud day for...

Crown Irrigation announces first investment

09 April 2014 | Author: Murray Gribben

Crown Irrigation Investments Limited (Crown Irrigation) has agreed the draft terms of a $6.5 million investment in the Central Plains Water scheme. Crown Irrigation will partner with Central Plains Water Limited for a period of 5 years to provide subordinated debt...

Minister welcomes first investment by Crown Irrigation company

09 April 2014 | Author: Nathan Guy

Primary Industries Minister Nathan Guy has welcomed the first investment by Crown Irrigation Investment Ltd, with draft terms agreed for $6.5 million towards the Central Plains Water scheme in Canterbury announced today. “Last year the Government put $80 million towards creating...

Crown Irrigation appoints chief executive

23 September 2013 | Author: Alison Paterson

The newly formed Crown Irrigation Investments Limited (Crown Irrigation) has selected a proven investment professional, Murray Gribben, as its first chief executive. Chair Alison Paterson said “Murray will bring to the role a strong combination of investment experience and working knowledge...

Irrigation investment company established

04 July 2013 | Author: Nathan Guy

Primary Industries Minister Nathan Guy has announced today that Crown Irrigation Investments Limited is now established and ready to work with backers of new irrigation schemes. “The company will act as a bridging investor for regional water infrastructure projects, helping kick-start...

Minister announces CII Establishment Board

22 February 2013 | Author: Nathan Guy

Minister for Primary Industries Nathan Guy has announced that experienced director Alison Paterson will oversee the establishment of a new Crown company to invest in irrigation. The new company, which is to be established by 1 July, will act as a...

Minister announces formation

23 January 2013 | Author: David Carter

The Government is establishing a company to act as a bridging investor for regional water infrastructure development, Primary Industries Minister David Carter announced today. In 2011 the Government signalled plans to invest up to $400 million in regional-scale schemes to encourage...