Mt Cardrona

Buddle Findlay advises on the project financing of the Mt Cardrona Station Resort wastewater treatment plant

6 October 2020

Buddle Findlay are pleased to have worked alongside Bank of New Zealand on the project financing of the Mt Cardrona Station Resort wastewater treatment plant and associated infrastructure in Cardrona Valley.  The new state of the art wastewater treatment plant will replace aging infrastructure in the area and provide capacity for growth in the Cardrona Valley.

The Buddle Findlay team was led by Peter Owles, and included Daniel Collins, Bassam Maghzal and Joshua Ioelu, who worked closely alongside Robert Huse at Anderson Lloyd acting for Mt Cardrona Station and its special purpose subsidiary Cardrona Valley Wastewater.

"We are delighted to have worked alongside Bank of New Zealand, Cardrona Valley Wastewater and Anderson Lloyd to complete a highly challenging project financing for what is a key piece of infrastructure for the future development of Cardrona Valley that will have flow on benefits for the wider Central Otago community" - Peter Owles.

Susan Lucking Director Specialised Finance Bank of New Zealand - "The Cardrona Wastewater Project was a great opportunity for BNZ to work with the private sector in an innovative way to deliver sustainable three waters infrastructure for the public sector and provide opportunities for growth in regional New Zealand".