Funding the Dam

Waimea Water

The Waimea Community Dam is funded through a partnership between Tasman District Council, Waimea Irrigators Ltd (WIL), Crown Irrigation Investments Ltd, Nelson City Council, and central government grant and loan funding. Funding has been distributed to Waimea Water Ltd (WWL), a TDC Council Controlled Organisation (CCO). WWL operates as a separate company and reports semi-annually and annually to partners on company financials.

The cost to build the dam is $129.4 million. Ongoing operating costs will be shared between WIL and the Council once the Dam is operational.

This partnership approach to funding the construction of the Dam has made this critical piece of infrastructure affordable for all the funding partners and their beneficiaries.