Lines company unveils $748 million spend over next 10 years
A Dunedin-owned lines company, which is being taken to court by the Commerce Commission, has revealed a $748 million decade-long investment plan.
Aurora Energy will spend $748 million on new developments, and renewing and maintaining the existing network, including replacing 10,000 power poles over the next 10 years.
Chief executive Richard Fletcher confirmed shareholders – effectively Dunedin ratepayers – will not expect a dividend for at least three years.
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Poll: Would you rather: Christmas in summer forever or winter forever?
Just a bit of a fun poll to get you thinking.
If you had to live out your Christmas days, would you prefer it was a summer Christmas or a winter Christmas?
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62.7% Summer
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35.9% Winter
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1.4% Other - I'll share below
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