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: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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78.9% Yes! It's better to regift what I don't need
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21.1% No. It's the thought and effort that matters
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