Our Structure

Our Beneficiaries

Beneficiaries of the Ngati Tuwharetoa (BOP) Settlement Trust include individuals who are:

  • descended from a Ngati Tuwharetoa ancestor/s; or
  • a member of the one of the following hapu: Umutahi, Ngai Tamarangi, Ngati Iramoko, Te Tawera, Te Aotahi, Ngati Irawharo, Ngati Peehi, Ngati Poutomuri, Ngati Manuwhare; or
  • a whangai of Ngati Tuwharetoa (in accordance with Ngati Tuwharetoa tikanga;                                         and, who are registered with Ngati Tuwharetoa (BOP) Settlement Trust.

 

Ngati Tuwharetoa (BOP) Settlement Trust 

At the highest level representing the interests of our Beneficiaries is the Ngati Tuwharetoa (BOP) Settlement Trust (the Trust). The Trust was established from its Deed of Settlement with the Crown and gives effect to a Treaty Settlement received in 2005.  The Trust's main vision is to maintain and grow the assets of Ngati Tuwharetoa.

A total of seven elected Trustees are responsible overall for the group, assets, policy, distribution, Deeds of Recognition, and upholding the tribes role as a Kaitiaki over the Kawerau Geothermal Resource. 

 

Ngati Tuwharetoa Custodial  Trustee Company Limited

The Ngati Tuwharetoa Custodial Trustee Company Limited (NTCTCL) is a wholly owned subsidiary of the Trust and was established to manage the Cultural Assets arsing out of the Treaty Settlement. NTCTCL has seven Directors.

 

Ngati Tuwharetoa Holdings Limited 

Responsibility for governing the commercial assets fall to three commercial entities: Ngati Tuwharetoa Holdings Limited (NTHL), Ngati Tuwharetoa Geothermal Assets Limited (NTGA) and Ngati Tuwharetoa Electricity Limited (NTEL).  These commercial entities have Boards comprised of both Trustees and specialist Commercial Directors.

NTHL is a wholly owned subsidiary of Ngati Tuwharetoa (BOP) Settlement Trust and was established to hold and manage the Commercial Assets arising out of the Treaty Settlement.

 

Ngati Tuwharetoa Geothermal Assets Limited

NTGA is a wholly owned subsidiary of Ngati Tuwharetoa Holdings Limited and was established to hold and manage the Geothermal Assets.  The aquisition of Geothermal Assets from the Crown was a separate transaction to the Treaty Settlement. NTGA is the largest supplier of geothermal fluid for industrial direct use. 

This business complements the special association and history that Tuwharetoa in Kawerau have with the Geothermal Taonga.

 

Ngati Tuwharetoa Electricity Limited 

NTEL is a wholly owned subsidiary of Ngati Tuwharetoa Geothermal Assets Limited and was established to hold and manage a geothermal power plant. The plant was previously owned by Norske Skog Tasman Limited. NTGA already supplied the geothermal steam to the plant which is capable of generating 23 megawatt of electricity and therefore it recent purchase secures an electricity generated revenue.