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The change in ownership of Waste Management NZ, from Beijing Capital Group to Igneo Infrastructure Partners, will make no difference to plans to build a landfill just north of the Dome Valley.
Igneo senior communications manager Brenda White says Igneo supports Waste Management’s current projects, including the Auckland Regional Landfill proposal.
“We are of the view that Auckland is a growing city and urgently needs a new landfill to keep up with its waste generation,” she says.
“We note that Waste Management held an exhaustive search looking at over 75 different sites, and the site in the Wayby Valley was considered the best choice to minimise adverse environmental and amenity impacts.
“The modern landfill design captures all of the leachate, so there is no threat to the environment and to waterways. Waste Management has engaged extensively with the community and tangata whenua, and incorporated their concerns into the design of the site. Under our ownership, Waste Management will continue to engage constructively with stakeholders.”
The project was granted resource consent with a majority decision by commissioners last year and that decision is being appealed by a number of parties through the Environment Court. The hearing is set down for July.
White says Igneo Infrastructure Partners supports Waste Managements’ view that this is vital infrastructure, which is critical for a city like Auckland to grow and to function.
According to the Igneo website, Igneo Infrastructure Partners is an unlisted infrastructure asset management business and is part of the First Sentier Investors Group, a global asset management business. First Sentier Investors is ultimately owned by Mitsubishi UFJ Financial Group Inc, which is a Japanese bank holding and financial services company headquartered in Tokyo.
