Mayor of Dunedin Jules Radich is encouraging everyone to have their say on the Aurora Energy proposal.
Mr Radich was commenting after Councillors met today to endorse a range of consultation materials for the start of
public consultation on the proposal on 28 March 2024.
“This is an important opportunity for people to have their say on what could easily be the most significant decision
made by Council in many years. We encourage everyone – especially Dunedin ratepayers and Aurora customers – to let us
know what they think.
“Council is committed to listening to and considering all the feedback before we make a decision. We’ll be sharing
extensive information about the pros and cons of the options as this process proceeds.”
Public consultation will close on 12 noon on 2 May 2024. Public hearings will then be held in May 2024, and a final
decision is expected in late May or early June 2024, Mr Radich says.
The Council’s preferred option for consultation is to sell the company and use the proceeds to repay Aurora’s debt and
invest the remaining money (which is expected to be many hundreds of millions of dollars) in a diversified investment
fund.
The alternative option, to keep Aurora Energy, will also be detailed in the consultation material, Mr Radich says.
“Council is committed to fairly representing the pros and cons of each option in the consultation document, which will
be supported by more detailed information on the DCC website.”
Mr Radich says, “Councillors asked a range of important questions, all aimed at producing the best possible consultation
information for the public, and our staff are now working hard to incorporate those amendments into the final
consultation document.”
“The sale of Aurora Energy is our preferred option, but it’s important to stress it remains a proposal only. Councillors
will consider all feedback before making a final decision, which is why it’s so important that the community have their
say.”