logo
Double Bonus For City Rail Link's 'Amazing Achievement'

Double Bonus For City Rail Link's 'Amazing Achievement'

Scoop26-06-2025
Shifting the bar higher for New Zealand's infrastructure industry has delivered a double bonus for Auckland's game-changing City Rail Link (CRL).
The project has received two top-tier leading ratings from the Australian-based Infrastructure Sustainability Council (ISC):
An As-Built leading rating specifically for the design and construction of its main C3 tunnels and stations contract delivered by Link Alliance covering the work to build the Te Waihorotiu, Karanga-a-Hape and Maungawhau Stations, including its use of a tunnel boring machine between Maungawhau and Te Waihorotiu.
An As-Built leading rating for the overall CRL project covering the design and construction of C1, C2 and C3 contracts - CRL's entire 3.45 kilometres route of tunnels and stations.
The CRL is now the first project to be awarded ISC's Leading IS (Mahi Rauora Aratohu version 1) As Built programme rating overall. The entire CRL project—from Waitematā to Maungawhau - is now officially recognised as meeting the highest sustainability standards ever awarded on either side of the Tasman.
ISC Chief Executive, Toby Kent, praised the CRL team's 'amazing achievement' and its commitment to the practice of sustainability.
'The ISC is proud to see New Zealand's biggest transport infrastructure project adopt sustainability into the DNA of its operations. This has been an amazing achievement and demonstrates the overwhelmingly positive social, economic and environmental good that is possible to achieve through an IS Rating," Mr Kent says.
CRL Ltd Chief Executive, Patrick Brockie, says the Council's independent assessment is a powerful endorsement of the values and hard mahi adopted and demonstrated by the project, contractors and subcontractors from day one.
'Success for CRL Ltd and our Link Alliance delivery partner is testament to the passion, commitment, and tenacity of the many talented people who have delivered a project that is not just good for Tāmaki Makaurau Auckland, but good for the sector, shifting the needle on how we integrate sustainability, environment, social outcomes and culture into large scale infrastructure projects,' says Mr Brockie.
The Infrastructure Sustainability Council praised the commitment by CRL Ltd, Link Alliance and mana whenua to imbed Māori cultural values in the project's design, and deliver positive social outcomes for Māori, Pasifika and rangatahi (youth) by creating employment and training opportunities and supporting Māori and Pasifika businesses with supply chain opportunities.
'Te Ao Māori has environmental sustainability at its very core,' says Edith Tuhimata from the project's Mana Whenua Forum, 'and we have an inherent responsibility to future generations for the way we conduct our businesses and the impacts that has on the environment and the people, if we take care of the Taiao (environment), the Taiao will take care of us. Mana Whenua bring a holistic approach to the CRL project to ensure whakapapa links are acknowledged and the best practical environmental, sustainable, social and cultural outcomes are achieved.'
Alongside positive social outcomes, the ISC was impressed by CRL's protection of the environment: substantially reducing the project's carbon footprint; savings around the use of construction and operational energy; more efficient use of water and materials; a dramatic reduction in waste earmarked for landfill; use of high-tech computer technology to help produce more efficient design and construction methodology.
Link Alliance Project Director Jean-Philippe Guillemenot says: 'We're proud of the environmental, social, cultural and economic outcomes achieved. The innovations developed by the team has left a legacy, many sustainability firsts for New Zealand, and new benchmarks for future infrastructure projects.'
Mr Brockie added that once operational in 2026, CRL will give Aucklanders more sustainable transport choices.
'We are determined to leave Auckland a better place than when we started construction and our success with the two Infrastructure Sustainability Council leading ratings certainly demonstrates that we are on the right track,' Mr Brockie says.
The contracts included in the ISC leading ratings are:
C1 - Waitematā Station (Britomart)/Lower Queen Street and Commercial Bay: designers Aurecon, Mott MacDonald and Jasmax; delivered by Downer and Soletanche Bachy Joint Venture
C2 – northern end of Albert Street between Customs Street/Commercial Bay and Wyndham Streets: designers Aurecon, Mott MacDonald, Grimshaw, Jasmax, Arup; delivered by Connectus (McConnell Dowell and Downer Joint Venture)
C3 - Main Tunnel, Stations, Western Line Connection and Rail Systems, delivered by Link Alliance (Vinci Construction Grands Projets, Downer, Soletanche Bachy, WSP, AECOM, Tonkin+Taylor and CRL Ltd)
Iwi represented on CRL's Mana Whenua Forum: Te Ākitai Waiohua, Te Kawerau a Maki, Ngāti Maru, Ngāti Paoa, Ngāi Tai ki Tāmaki, Ngāti Tamaoho, Ngāti Whātua Ōrākei, Ngāti Te Ata Waiohua
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Blackpearl Opens Retail Entitlement Offer As Australian Institutions Back ASX Pathway
Blackpearl Opens Retail Entitlement Offer As Australian Institutions Back ASX Pathway

Scoop

time30 minutes ago

  • Scoop

Blackpearl Opens Retail Entitlement Offer As Australian Institutions Back ASX Pathway

Blackpearl Group (NZX: BPG) has announced the opening of its retail entitlement offer at $0.95 per share, following a $10.3m institutional raise that brought Australian cornerstone investors onto its share register. The move comes as Blackpearl prepares to close its acquisition of US AI sales automation company B2B Rocket this week - a deal that will immediately lift ARR to $17.5m, with momentum swiftly tracking toward $20m and sights on a firm target of $50m. The institutional component of the accelerated non-renounceable entitlement offer (ANREO) and an institutional placement has already raised approximately $10.3m, bringing in Australian institutional investors ahead of Blackpearl's planned ASX foreign-exempt listing. 'Blackpearl isn't in the habit of standing still. Investor demand has been clear and with Australian cornerstone support in place and our ASX pathway progressing, we're opening the retail window for eligible shareholders today. This is a rare moment - a New Zealand AI company acquiring a cutting-edge high growth US technology business, backed by Australian institutions and preparing for an ASX quotation. The raise materially broadens our investor base and strengthens our platform to scale in the world's largest SMB market,' comments Blackpearl CEO Nick Lissette. The retail offer opened Monday 18 August, 9:00am NZST for eligible retail shareholders and closes at 5:00pm NZST on Monday 25 August. 'We're not inching forward, we're leaping. With B2B Rocket closing this week, we're in striking distance of $20m and so we're now focused on our $50m target. This is the growth story NZ tech needs right now. It's proof that Kiwi innovation can scale - and compete - anywhere and signals that NZ Tech belongs in the big leagues globally and has what it takes to deliver,' adds Lissette. Australian backing secured to fuel acquisition and expansion ahead of ASX listing Quotation on the ASX is targeted in ~3 months, pending the completion of a Tier 1 standard audit of B2B Rocket. 'Australian institutional backing gives us more than capital; it gives us confidence and credibility as we scale,' explains Lissette. Offer details Eligibility: Retail offer is open to eligible retail shareholders (refer to the Offer Document released on 12 August 2025 here) ). Key dates: Offer opens Monday 18 August 9:00am NZST; closes Monday 25 August 5:00pm NZST. Price: $0.95 per share. Oversubscription: Available to holders who take up full entitlement. Offer website: No trading/transfer of entitlements; no shortfall bookbuild. Funds raised will be used to partly fund the B2B Rocket acquisition; drive Bebop's growth at scale; integrate B2B Rocket and execute its go-to-market plan; enhance our Data Wholesale resources; and maintain a cash buffer for working capital. "We're not just building a bigger business, we're building a bigger playing field. This particular combination of capital, capability and opportunity doesn't come around often and we intend to use it to take New Zealand AI global," concludes Lissette. This announcement does not constitute financial advice. Investors should refer to the Offer Document and Investor Presentation released 12 August 2025. About Blackpearl Group Blackpearl Group (BPG) is a market leading data technology company that pioneers AI-driven sales and marketing solutions for the US market. Specifically engineered for small-medium sized businesses (SMEs), BPG consistently delivers exceptional value to its customers. Our mantra is simple: 'Better Growth Together'. When our customers win, we win. Founded in 2012, BPG is based in Wellington, New Zealand, and Phoenix, Arizona.

Dairy revenue up: Yili Group
Dairy revenue up: Yili Group

Otago Daily Times

timea day ago

  • Otago Daily Times

Dairy revenue up: Yili Group

Zhiqiang Li Upgrades to the Oceania Dairy plant in Glenavy have helped China-based parent company Yili Group boost New Zealand revenue growth, the company reports. Yili Group-owned dairy companies Westland Milk Products and Oceania Dairy this week posted combined unaudited revenue growth of 16% compared with the same period last year. Before tax profit growth for the first half of 2025 is 12% and Yili Group executive director Zhiqiang Li said profitability was expected to continue to climb for both companies well into 2026. "Production capacity of high-demand, high-value products across Westland's Hokitika and Rolleston sites and ODL's Glenavy facility have undergone significant investment to capitalise on surging global demand for high-quality dairy products," Mr Li said. Consumer butter production capacity at Hokitika has been boosted by 10,000tonnes, while increased skim-milk powder production capacity at Glenavy has also led to increased production of UHT Cream at Rolleston, with ODL cream now diverted to the Rolleston site. Mr Li said both Westland and ODL, which since 2024 have also operated under a co-operative external sales arrangement, are well positioned to build revenue growth off the back of increased production capacity. "Greater efficiencies and production capacity under this co-operative arrangement give us far more opportunities to optimise product mix and build on our high-value strategy," Mr Li said. "Profits for the individual companies in the meantime will go through a consolidation period; however, both total revenue and profit margins are expected to continue to show healthy growth," he said. — Allied Media

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store