Author Archives: johnw

BCI Limited has extended the closing date of its capital raising until 29 June 2012 to allow further applications for water and shares. Further uptake to date under the prospectus has been reasonable but more water is available.

Today Barrhill Chertsey Irrigation Limited (BCIL) registered a further prospectus to raise capital to invest in the BCI Scheme and expand the irrigator base.  New Irrigator Shareholders will be offered shares in BCIL at a cost of around $3000 per … Continue reading →

Barrhill Chertsey Irrigation Limited closed a capital raising prospectus on 30 June 2011 with interest in a further 623 litres per second of water.  This brings the total new connections to the scheme to 896 litres per second for the … Continue reading →

Approaching Christmas Eve the final BCI Scheme line has been completed and water is being delivered to all customers.  Installation work will continue in the new year to accommodate extensions to the original network.

After signing a contract with the Joint venture BCI Scheme Trustpower Limited had 12 months to install the pumping equipment required to deliver the first three cumecs of water to the RDR for use by BCI customers.  Trustpower Limited met … Continue reading →