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Category Archives: News
Further Prospectus Registered
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
Posted in 2011
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Capital Raising Successful
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
Posted in 2011
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Mayfield Line Completed
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.
Posted in 2010
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Trustpower meet contract date
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
Posted in 2010
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Buccleugh Line Operates
Shareholders on the Buccleugh Line had access to water today after the completion of that infrastructure.
Highbank Line Operates
Shareholders on the Highbank Line had access to water today after the completion of the final works on the pipeline and buffer pond.
Water flows to Methven Pond
Water flowed from the RDR to the first of the scheme ponds today. The Methven Line pond will be progressively filled over the next week and the pipe line should be operational by 15 Oct.
Annual Meeting Reminder
Shareholders are reminded of the annual meeting to be held 7.30pm, Tuesday 28 September, at Methven Resort, Main Street, Methven. A cash bar will follow. The audited financial statements to 31 March 2010 are posted on the capital raising page.
Acton Race Flows
Water flowed through the Acton Scheme fish screen and race today. Although there is no demand for irrigation with the wet weather, this action gives effect to the entire BCI consent one day prior to lapsing.
Acton Prospectus Successful
The Acton capital raising was very successful with support for close to the maximum 3,000l/s delivery.
