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JV buyout completed
The irrigator shareholders of BCI Limited have taken 100% control of the BCI irrigation scheme following settlement of the JV buyout at the end of September. This follows a successful capital raise to fund the purchase of the share of … Continue reading
Posted in 2017
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Capital raise highly successful
Existing shareholders of Barrhill Chertsey Irrigation Limited (BCIL) have committed over $25 million dollars to enable the irrigator co-operative to take 100% control of the BCI Scheme. Subject to meeting a number of other conditions, the company will purchase the … Continue reading
Posted in 2017
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Annual Meeting Notified
The Annual Meeting of Barrhill Chertsey Irrigation Limited will be held 7.30pm on Tuesday 22nd August, Methven Heritage Centre, Main Road, Methven. Shareholders have had preliminary notification of the meeting and nominations for Directors have been called for. The results of the joint venture buyout capital … Continue reading
Posted in 2017
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Capital raise under way
Today Barrhill Chertsey Irrigation Limited lodged a Product Disclosure Statement (PDS) with the Companies Office to enable the company to raise capital from existing irrigator shareholders to take 100% control of the Barrhill Chertsey Irrigation Scheme. The capital raise has a closing date of … Continue reading
Posted in 2017
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Shareholders approve JV buyout
A Special Meeting of BCIL shareholders was held 16 May 2017 to consider resolutions in relation to a proposal to take 100% control of the BCI Scheme. The meeting was well attended and overwhelmingly supported the Board progressing the proposal … Continue reading
BCI Nutrient Discharge Annual Report 2016
The BCI Nutrient Discharge resource consent, CRC162882, requires annual reporting of our nutrient losses and summarise how we are progressing with the Farm Environment Plan Audits and meeting the requirements of our Audited Self-Management Programme. The 2015-16 season annual report … Continue reading
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2016 Annual Meeting
The 2016 Annual Meeting of Barrhill Chertsey Irrigation Limited will be held at 7.30pm, Tuesday 9th August, at the Bradford Room, Ashburton Trust Event Centre, 211 Wills Street, Ashburton. Annual Report is available here.
BCI Nutrient Discharge Annual Report 2015
Barrhill-Chertsey Irrigation consent CRC147697 permits nitrogen discharges from all farmers within the scheme. The first annual report on our progress for the 2014-15 season showed BCI irrigated 45% of their permitted area and is discharging approximately 42% of their permitted … Continue reading
Stage Two Progressing
Following a successful capital raising in late 2014 the stage two expansion project is under way. The project will deliver around 1.2 cumecs to properties in the area between Barrhill and Dromore. Infrastructure includes a new intake from the Rakaia River … Continue reading
Posted in 2015
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Prospectus Registered
Today BCI Limited registered a prospectus to allow applications for shares and new water connections over the entire BCI network. The capital raised will be invested in the joint venture with EA Networks which will install infrastructure to accommodate the new connections. … Continue reading
Posted in 2015
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