Firstgas Group (Firstgas), owned by Igneo Infrastructure Partners (Igneo), will buy 100% of Eastland Network for $260m. The asset book value of Eastland Network as at 31 March 2022 was $185m. Upon settlement, the proceeds will be split between Trust Tairāwhiti and Eastland Group. A special distribution of $80m will be provided to Trust… Read more »
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Electrifying the trucking industry
Low Emission Vehicles Contestable Fund grant goes to Eastland Group for New Zealand-first heavy electric vehicle trial A future where logging trucks and other heavy vehicles are quiet, cheap to run and environmentally friendly? That’s the possibility that Gisborne-based infrastructure company Eastland Group is about to explore, with co-funding from the government. Energy and Resources Minister… Read more »
Saving the stream
A Tairawhiti Enviroschools project to restore the upper section of Waikanae Stream has entered the planting phase, with more than 1300 native plants donated for improvement of the waterway. The Wai Restoration Programme began earlier in the year with construction of a 270m fence along the edge of the stream in the vicinity of Gisborne… Read more »
Eastland Group Wairoa Community Grants awarded
The Wairoa River is the focus of this year’s Eastland Group Wairoa Community Contestable Grants Scheme. Now in its second year, the scheme supports Wairoa-based community-led projects. A total of $15,000 will be donated to five local groups in recognition of their Wairoa River focussed projects. Each organisation is set to receive $3000. The winning projects are,… Read more »
Eastland Group announces record-breaking year
$10.1 million paid to shareholder Eastland Community Trust Profit increased to $17.6 million Income rose to $84.7 million Assets now worth $547.3 million Capital investment in Tairāwhiti was $30.8 million Eastland Group announced today that the year to 31 March 2018 was the most successful in its history. Income was a record $84.7 million with… Read more »
“Iconic” new airport terminal for Tairāwhiti
Eastland Group, Gisborne District Council, Ngai Tāwhiri and Eastland Community Trust are collaborating on a significant regional project. The region’s ambitions to become a significant player in the national and international tourism market have taken a major step forward, with today’s confirmation of a new terminal for Gisborne Airport. Gisborne District Council, which owns the airport,… Read more »
Eastland Network new sponsor of science and technology fair
Eastland Network is the new major sponsor of the science and technology fair. Organisers say this year’s fair will be bigger and better than ever with Eastland Group coming on board as the platinum sponsor. “We’re more geared up than ever to fulfil our potential, and we’d like to thank them for their commitment to… Read more »
Tairawhiti 2040: A glimpse into the future
by Alice Pettigrew, Eastland Group business development manager Eastland Group research has found that the people of our region would collectively be $60 million better off if everyone drove electric vehicles. Within the past few months, Tairawhiti has seen some leaps forward in the emerging technology space. High-speed electric vehicle chargers are going live around… Read more »
We’re tickled pink to support the Colour Run 2018
Colour Run to promote diversity and community inclusivity: Gisborne Herald If you want to run and have fun, don’t miss the 2018 Opportunities Without Discrimination (OWD) Colour Run on Sunday. The 2.5km run will set off from the Marina carpark at 10am but it is recommended you arrive earlier for a race briefing and to… Read more »
Electricity line charges to decrease slightly from 1 April 2018
Eastland Network today announced its pricing schedule for the period 1 April 2018 to 31 March 2019. This covers all electricity connections in Gisborne and Wairoa Districts. Eastland Network prices are regulated by the Commerce Commission. Working within regulation means there will be a small decrease in line charges of approximately 0.84% for the average… Read more »