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What quantum of ordinary equity, and what quantum of subordinated shareholder debt, if any, has been committed by the Northway consortium's shareholders to the Warkworth to Te Hana project?

Answered Question 36222 (2026)
Question published
Reply lodged

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • What quantum of ordinary equity, and what quantum of subordinated shareholder debt, if any, has been committed by the Northway consortium's shareholders to the Warkworth to Te Hana project?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I refer the Member to my response to Written Parliamentary Questions 34456 (2026) and 35869 (2026). Disclosure could prejudice NZTA's commercial position by revealing the contractor’s financing arrangements and could adversely affect future NZTA procurement processes by providing prospective bidders and financiers with insight into commercially sensitive market information.