Acquisition of the previously owned Norske Skog Limited Power Plant

Acquisition of the previously owned Norske Skog Limited Power Plant

15 December 2016


Kaore taku whiwhi, taku raru

ki tooku mokopuna.

E tangi hoka, hokai ake nei

Tihei Mauri Ora



Tena koutou nga Uri o Tuwharetoa mai Kawerau ki te Tai


The Ngati Tuwharetoa (BOP) Settlement Trust Trustees and our Commercial Directors wish to advise that we have purchased the previously Norske Skog Tasman owned TOPP1 geothermal power plant. 

Our geothermal steam business (Ngati Tuwharetoa Geothermal Assets Limited, NTGA) already supplies all the geothermal steam to TOPP1 so it was a logical step to purchase the plant and secure the electricity generation revenue.   

We have created a subsidiary company of NTGA called Ngati Tuwharetoa Electricity Limited (NTEL), which will own TOPP1.   TOPP1 is a 23 megawatt Ormat plant (enough power for approximately 20,000 homes) and is located within the Norske Skog mill site on the Eastern Bank of the Tarawera River.

We will host an open day for beneficiaries in the New Year to mark this exciting purchase which will give you the opportunity to view the plant. 


Nga mihi mo te Kirihimete, me te tau hou



Na                                                                             Na


Rae Adlam                                                                 Reverend Graham Te Rire

Co-Chairperson                                                          Co-Chairperson

Ngati Tuwharetoa (BOP) Settlement Trust                Ngati Tuwharetoa (BOP) Settlement Trust