Articles tagged with Regional Infrastructure Fund
New Zealand Advances GeoShot NZ Project to Drill First Superhot Geothermal Well
2 weeks ago | 190 viewsThe GeoShot NZ project aims to drill New Zealand’s first superhot geothermal well at the Rotokawa Geothermal Field, with government funding of $55 million approved for pre-drilling and exploratory activities. The initiative involves expert partners and advanced technology to harness superhot fluids at depths of 4–5 km, offering significantly more energy than conventional wells and enhancing national energy resilience. This pioneering effort, supported by international collaboration, seeks to establish New Zealand as a leader in clean, high-capacity geothermal energy for long-term regional and national benefits.
Tags: Shane Jones Mercury NZ Todd Energy Tauhara North No. 2 Trust Ministry of Business Innovation and Employment GeoShot NZ Regional Infrastructure Fund Rotokawa Geothermal Field Iceland New ZealandGovernment Completes Recommissioning of 93M Litres Diesel Storage at Marsden Point
2 weeks ago | 176 viewsThe Government has completed the recommissioning of 93 million litres of diesel storage capacity at Marsden Point to store newly purchased diesel reserves. Two shipments, arriving soon and in July, will provide about nine days’ average diesel consumption to safeguard New Zealand’s fuel supply amid global uncertainties. Funded by $21.6 million from the Regional Infrastructure Fund, this measure aims to maintain economic stability despite ongoing Middle East conflicts affecting fuel supply and prices.
Tags: Marsden Point Northland Channel Infrastructure NZ Nicola Willis Shane Jones diesel storage New Zealand Regional Infrastructure Fund fuel supply Middle East conflictNew Zealand’s Diesel Reserve Shipment En Route to Marsden Point for Fuel Security
3 weeks ago | 222 viewsNew Zealand is receiving two shipments of diesel reserve, with the first arriving mid-June and the second expected in early July, providing around nine days of typical diesel consumption. The government is refurbishing tanks at Marsden Point, funded by $21.6 million from the Regional Infrastructure Fund, to store the fuel, which will be controlled by the Crown and managed by Z Energy. Finance Minister Nicola Willis emphasizes that this reserve enhances the country's fuel security and resilience against potential supply disruptions.
Tags: Nicola Willis Shane Jones New Zealand Marsden Point diesel reserve Channel Infrastructure Z Energy Regional Infrastructure Fund fuel security crude oil tanksStewart Island Solar Project Begins to Cut Diesel Use and Lower Power Costs
1 month ago | 282 viewsConstruction has begun on a government-backed solar energy project on Stewart Island/Rakiura to reduce reliance on diesel-generated electricity and lower power prices. Funded by a $15.35 million loan from the Regional Infrastructure Fund, the project includes a solar farm, battery system, network upgrades, and smart meters, aiming to cut diesel use by up to 75% and reduce electricity costs by up to 35 cents per kilowatt hour. Expected to be completed by early 2027, the initiative will create around 40 construction jobs and provide long-term economic benefits to local industries.
Tags: Shane Jones Mark Patterson Stewart Island Southland District Council Regional Infrastructure Fund Stewart Island Electricity Supply Authority solar energy diesel generators energy resilience power pricesMajor $18M Flood Resilience Upgrade Underway in Mataura to Protect Southland Communities
1 month ago | 412 viewsWork has begun on a major $18 million flood resilience upgrade for the Mataura River in Southland, supported by a $10.8 million government loan and $7.2 million from Environment Southland, aiming to protect over 7,000 people, 1,500 hectares of land, and key infrastructure. The project includes building and strengthening stopbanks, rock walls, and riverbed gravel works to reduce flood risks to Mataura and Gore, areas historically affected by severe flooding. Since the launch of the Regional Infrastructure Fund, $18.5 million has been allocated to Southland for five flood resilience projects to safeguard communities and boost regional prosperity.
Tags: Mark Patterson Mataura River Regional Infrastructure Fund Environment Southland Mataura Gore Ōreti River Aparima Catchment Te Anau Basin InvercargillGovernment Grants $22 Million to Support New Zealand Regional Airlines and Connectivity
2 months ago | 412 viewsThree regional airlines—Air Chathams, Sounds Air, and Island Air—will receive loans from the $30 million Regional Infrastructure Fund to refinance debt, upgrade fleets, and maintain essential air services connecting remote communities. Regional Development Minister Shane Jones and Associate Transport Minister James Meager emphasize the importance of these airlines for regional connectivity, economic wellbeing, and access to healthcare, especially amid pressures from rising fuel costs and global uncertainties. The government is also considering temporarily adjusting loan conditions to support airlines further and continues to assess additional funding applications.
Tags: Shane Jones James Meager Air Chathams Sounds Air Island Air Golden Bay Air Kānoa Regional Development Regional Infrastructure Fund New ZealandPort Nelson Marina Upgrade Boosts Marine Services with New Hardstand and Boat Hoist
2 months ago | 429 viewsThe opening of the new hardstand and 550-tonne mobile boat hoist at Port Nelson enhances the region’s marine servicing capacity by allowing larger vessels to be serviced separately from smaller ones. Funded by a $9.8 million Crown equity investment and contributions from local councils, the Calwell facility now supports vessels from 50 to 2400 tonnes and strengthens Nelson’s marine industry, preserving jobs and skills. Additionally, a $12.89 million loan will fund a neighbouring marina upgrade to increase hardstand capacity and install a 110-tonne hoist, with construction starting in May.
Tags: Shane Jones Port Nelson Calwell Marine Maintenance Nelson Marina Tasman District Council Nelson City Council Regional Development Minister Regional Infrastructure Fund marine servicing boat hoistTukituki Water Security Project Begins Pre-Construction in Hawkes Bay with $18M Loan
2 months ago | 544 viewsThe Tukituki Water Security Project in Hawkes Bay will begin pre-construction work supported by an $18.13 million loan from the Regional Infrastructure Fund to enhance water storage and security. The project aims to enable irrigation of up to 22,000 hectares, create 300 construction jobs, and boost the region’s annual GDP by up to $693 million by supporting horticulture, seed production, and pastoral farming. By storing 104 million cubic meters of water, the facility will address water scarcity in one of New Zealand’s driest regions, promoting long-term economic growth and resilience.
Tags: Mark Patterson Tukituki Water Security Project Hawkes Bay Regional Infrastructure Fund water storage irrigation economic development food production water security Tukituki Water Limited PartnershipNew Zealand Boosts Diesel Storage by 90 Million Litres at Marsden Point
2 months ago | 570 viewsThe New Zealand Government will invest up to $21.6 million from the Regional Infrastructure Fund to support Channel Infrastructure NZ Ltd in increasing diesel storage capacity by 90 million litres at Marsden Point, enhancing fuel resilience amid global supply disruptions. The project aims to recommission storage tanks within two months to secure diesel supplies beyond the current secure period until the end of May. This initiative addresses the critical need for large-scale fuel storage, particularly for diesel, which is vital to the economy, and work is set to begin imminently with close government oversight.
Tags: Shane Jones Channel Infrastructure Marsden Point Regional Infrastructure Fund New Zealand Government diesel storage fuel resilience Regional Development Minister Middle East conflict New Zealand fuel supplies$1.35M Upgrade Boosts Water Infrastructure at Mystery Creek for Fieldays
2 months ago | 472 viewsMystery Creek near Hamilton is upgrading its over-50-year-old water infrastructure with a $1.35 million Regional Infrastructure Fund loan to increase water storage and support growing visitor numbers. The site hosts National Fieldays, attracting over 110,000 visitors and generating significant economic impact, as well as more than 100 other events annually, and serves as a critical Civil Defence logistics hub. The project includes replacing the water network, installing a 600,000-litre tank, creating up to seven jobs, and aims to enhance safety, accessibility, and resilience ahead of this year’s Fieldays.
Tags: Mystery Creek Hamilton Shane Jones Mark Patterson Regional Infrastructure Fund National Fieldays Waikato New Zealand water infrastructure Civil DefenceHamilton Airport Runway Extension Boosted by $6.5M Loan for Growth and Resilience
3 months ago | 878 viewsHamilton Airport will receive a $6.5 million loan from the Regional Infrastructure Fund to extend its runway by 255 meters, enhancing its capacity and resilience as a key hub for domestic and international freight and passenger transport. The upgrade, including apron expansion and lighting improvements, supports Waikato’s major manufacturers and exporters and provides an alternative airport option during disruptions at other North Island airports. The project, led by Waikato Regional Airport Ltd with a $3.3 million contribution, is expected to create up to 39 local jobs and strengthen New Zealand’s national aviation network.
Tags: Hamilton Airport runway extension Regional Infrastructure Fund Shane Jones Waikato national aviation network Regional Development Minister Waikato Regional Airport Ltd Coalition Government airport construction jobsMasterton’s Hood Aerodrome Upgraded with $10M Grant to Boost Safety and Economy
3 months ago | 622 viewsMasterton’s Hood Aerodrome has undergone significant upgrades, including runway improvements, new hangar sites, and enhanced infrastructure, funded by a $10 million government grant and additional local co-funding. These enhancements improve safety, meet Civil Aviation Authority certification, and support a range of aviation activities, boosting the region’s economic development and tourism potential. Additionally, $954,000 from the Regional Infrastructure Fund was used to strengthen flood protection and erosion control around the aerodrome, contributing to broader regional resilience efforts.
Tags: Mark Patterson Hood Aerodrome Masterton Wairarapa Associate Regional Development Minister Masterton District Council Civil Aviation Authority Regional Infrastructure Fund government grant aviation sectorGovernment Allocates $50M for New Geothermal Projects to Boost Regional Growth
3 months ago | 510 viewsThe New Zealand Government has ringfenced $50 million from the Regional Infrastructure Fund to support early-stage geothermal projects, aiming to de-risk exploration and boost regional productivity and resilience. So far, three projects have received funding, including two $10 million loans for the Taumanu and Kopura geothermal projects and a $3 million grant for the Whakatāne Geothermal Temperature Gradient Well Programme. These initiatives are expected to create jobs, promote Māori economic development, and enhance renewable energy capacity through exploration and potential new geothermal power stations.
Tags: Shane Jones Taumanu Kopura Eastland Generation Māori University of Auckland Geothermal Institute Whakatāne Regional Infrastructure Fund Bay of PlentyGolden Bay Air Secures $1.1M Loan to Support Vital Regional Flights
3 months ago | 610 viewsGolden Bay Air will be the first airline to receive a $1.1 million loan from the $30 million Regional Infrastructure Fund to refinance aircraft debt and maintain essential regional flights. This support aims to ensure connectivity, economic resilience, and access to health care and tourism for isolated communities like Golden Bay. Additionally, the fund includes initiatives to help regional airlines integrate bookings with larger carriers, enhancing commercial sustainability and travel accessibility.
Tags: Golden Bay Air James Meager Maureen Pugh Regional Infrastructure Fund Kānoa Coalition Government Tākaka Heaphy Track Abel Tasman TrackGovernment Invests $2M in Central Otago’s Falls Dam Replacement Pre-Construction
4 months ago | 664 viewsThe Government is providing a $2 million loan through the Regional Infrastructure Fund to support pre-construction work on replacing the aging Falls Dam near St Bathans, vital for irrigating 8,000 hectares of Central Otago farmland. The funding will help Manuherikia River Limited assess regulatory, engineering, and financial aspects to ensure a secure and sustainable water supply for horticulture, viticulture, and farming. This project aims to enhance the region’s economic and climate resilience by delivering reliable irrigation and supporting higher-value land uses, with pre-construction expected to take about two years.
Tags: Mark Patterson Falls Dam Central Otago Manuherikia River Limited Regional Infrastructure Fund irrigation horticulture viticulture sheep farming water infrastructure