The Hurunui Water Project Limited was incorporated on 16 July 2008 under the Companies Act (1993). It is registered as an unlisted company.
Hurunui Water Project (HWP) is a farmer-shareholder based irrigation company centred around the Hurunui District townships of Hawarden and Waikari. It has circa 195 shareholders holding a total of 23,801 shares. The majority of HWP’s shareholders are land-owners within the HWP Command Area. HWP has the support of landowners across 42,000ha, most of whom have no current access to water for irrigation. Many in the North Canterbury community see the project as a way forward, delivering a significant contribution to the economic wellbeing and sustainability of the entire community.
Share Transfer Procedure
If you wish to transfer HWP Ordinary shares, please send the documentation to HWP’s Share Registry (PwC) 10 days in advance of the next Board Meeting. Go to Share Transfer and follow the procedure outlined.
At two Special General Meetings (SGM) held on 7th March 2018, the Company Constitution was amended to reflect progress from a pre-development company to one that is preparing to deliver water to it’s shareholders.
To view presentations following this meeting click Shareholder Resources
Previous Board Meeting – 24 October 2018
Next Board Meeting – 21 November 2018
Did you know that HWP has been over 18 years in the making?
The Hurunui Irrigation and Power Trust – the pre-cursor to HWP
The Hurunui Irrigation and Power Trust (HIPT) was established in 2002, its objectives included:
- To co-ordinate a community approach to water resources;
- The education of the community in relation to water issues;
- To encourage and support the further development of the region’s water resources for the benefit of the North Canterbury District Community, including recreation…”
The HIPT comprised farmers and landowners in the Hurunui and Waipara catchments who contributed early capital to fund early investigations into water storage for the district. Among these contributors were Ngāi Tahu Forest Estates, MainPower and David Teece, the owner of Eskhead Station (the location of one of the original water storage sites investigated).
Collectively, the HIPT represents the Hurunui Water Project’s Founding Shareholders. When the Hurunui Water Project Limited was incorporated as a limited company shares were allocated, proportionate to the initial investment, to each of its trustees.
MainPower has an interest in the regional development of the Hurunui District and has been a significant contributor to the HWP in terms of funding, expertise and resources. MainPower offers a breadth of support, as a large community-owned infrastructure organisation. The company owns several small substation sites in the command area, but no land suitable for farming. MainPower holds 4,089 shares.
More about MainPower
Ngāi Tahu Farming manages extensive farming and forestry assets across Te Wai Pounamu, including the 9,000 ha Balmoral Property. While much of Balmoral is a production forest, to date, Ngāi Tahu Farming has converted 1,160 ha of land into irrigated beef finishing with the balance used for dry land grazing.
More about Ngai Tahu iwi