2.3.5  Lifecycle fund transparency

Some of the identified opportunities will undoubtably include bolting on decarbonising technology onto project assets or sites or working with Project Cos to add energy solutions like solar panels and heat pumps, combined heating and power units or considering how to link projects with district heating networks where applicable.

One other option would be for Project Co to adopt a collaborative and transparent approach by opening up the lifecycle maintenance fund for review as part of the handback process thus allowing the Authority to see where it could prioritise the remaining years of lifecycle spend in the context of NZ opportunities. Project Co could then undertake the lifecycle works topped up as appropriate by Authority funds or borrowings to meet its NZ aspirations and corporate objectives.