Auckland's Watercare is taking a mixed approach to funding a $15.2 billion capital investment. 

This includes $4.3 billion for renewals, upgrades to prevent wastewater spills, and lifting the daily flow of drinking water from Waikato River to $300 million by 2033. 

Watercare CEO Jamie Sinclair says separating from Auckland Council means the utility will need to explore new funding streams to get this through.

"We've got to go find our own debt funding, which we've been pretty successful at, I'd have to say, over the last year or so." 

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Auckland's Watercare is taking a mixed approach to funding a $15.2 billion capital investment.&nbsp;
This includes $4.3 billion for renewals, upgrades to prevent wastewater spills, and lifting the daily flow of drinking water from Waikato River to $300 million by 2033.&nbsp;
Watercare CEO Jamie Sinclair says separating from Auckland Council means the utility will need to explore new funding streams to get this through.
"We've got to go find our own debt funding, which we've been pretty successful at, I'd have to say, over the last year or so."&nbsp;
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jamie Sinclair: Watercare CEO on the utility unveiling $15.2 billion infrastructure investment programme

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/38c0f221-460e-4ba2-ad37-b49700757765/transcript