Press Release – Northpower
Northpower Limited have today announced the purchase of the remaining shares belonging to Crown Infrastructure Partners (CIP) in the subsidiary, Northpower Fibre Limited (NFL). The NFL venture was formed to deliver the Governments Ultra Fast Broadband …
Northpower Limited have today announced the purchase of the remaining shares belonging to Crown Infrastructure Partners (CIP) in the subsidiary, Northpower Fibre Limited (NFL). The NFL venture was formed to deliver the Government’s Ultra Fast Broadband (UFB) initiative to 33,000 homes and businesses across the Whangarei and Kaipara region.
The partnership with Crown Infrastructure Partners, the NZ Government’s infrastructure funding entity, commenced in 2010 and delivered high-speed fibre optic connectivity to residents within the Whangārei catchment area by 2014. A second agreement in 2017 expanded connectivity to towns including Ruakaka, One Tree Point, Waipu, Dargaville, Mangawhai, Maungaturoto, Ruawai, Paparoa, Kaiwaka and Hikurangi. This second phase of the rollout was completed in January 2021.