Water storage and distribution that enables a shift to higher-value land uses, whilst caring for the environment and local community.
Who We Are
The Kaipara Water Company has been established to own, use, and manage the Kaipara water scheme.
The $36millon scheme has been built by Te Tai Tokerau Water Trust and is being transferred to the Kaipara Water Company for its ongoing ownership and management.
The directors of the Company will initially be Hon Murray McCully, Hon Dover Samuels and Kathryn de Bruin.
Kaipara Water will use the scheme’s water storage infrastructure to:
- Strengthen the Northland economy by enabling a shift of land use to higher value, sustainable uses.
- Support land uses that will improve water quality.
- Support land uses that will contribute to soil health, biodiversity, and environmental sustainability.
- Contribute to the reduction of greenhouse gases and the transition to a low emissions economy.
- Work with other key stakeholders to improve the resilience of the rural communities it serves through improved municipal water supplies and improved water management.
Shares in the Kaipara Water Company are now being offered to eligible investors to become part of the scheme and access the water for horticultural use.
About Kaipara Water
The Kaipara water scheme includes the Te Waihekeora reservoir near Glinks Gully, which is situated in a natural basin approximately 75m above sea level on top of rolling sand dunes.
Stage one of the reservoir is now completed. This 300,000m3 lined reservoir has been constructed to provide water for initial avocado plantings and shelter establishment this summer.
Stage Two, due for completion in June 2023, will also be lined and cover approximately 42ha. The completed reservoir will hold 3.3 million cubic metres of water. There is almost no natural catchment to fill the reservoir. Instead, it is dependent upon water harvested from the consented water takes on the Te Kopuru Flats. Water will be harvested during periods of higher flow and stored for distribution during the summer months.
Share Offer
500 shares in Kaipara Water are being offered to eligible investors who intend to develop a use for water that is within the strict terms of the scheme’s sustainability and environmental standards.
Each share will carry an entitlement to 3,000m³ of water per annum, supplied at a maximum rate of 0.35 litres per second. These volumes are considered sufficient for a variety of horticultural uses and are in alignment with other local water storage schemes designed to service the horticultural sector.
Full details of the share offer are available in the Kaipara Water Company Information Memorandum.
You can request a copy of the Information Memorandum here
