Ruapehu Alpine Lifts Limited (In Receivership and in Liquidation)
$35,300,000
Total Approved
$35,300,000
Total Paid
6
Projects
100%
Paid Out
Projects (6)
Provincial Growth Fund
(3 projects)| Project | Agency | Region | Status | Approved | Paid |
|---|---|---|---|---|---|
Ruapehu Alpine Lifts - Physical Work To build a new gondola at Whakapapa Ski field. Tourism | Ministry of Business, Innovation & Employment | Manawatū-Whanganui/Horowhenua | Complete | $10,000,000 | $10,000,000 |
Ruapehu Alpine Lifts - Additional Funding To cover operational and maintenance expenditure. Tourism | Ministry of Business, Innovation & Employment | Manawatū-Whanganui/Horowhenua | Complete | $5,000,000 | $5,000,000 |
Ruapehu Alpine Lifts Limited - Administrators Bridging Loan To provide short term bridging finance to ensure or Ruapehu Alpine Lifts continues to operate while in voluntary administration. Tourism | Ministry of Business, Innovation & Employment | Manawatū-Whanganui/Horowhenua | Contracted | $2,000,000 | $2,000,000 |
Regional Strategic Partnership Fund (RSPF)
(3 projects)| Project | Agency | Region | Status | Approved | Paid |
|---|---|---|---|---|---|
Ruapehu Alpine Lifts Limited - Liquidator and Receiver Loan To provide further funding to Ruapehu Alpine Lifts Limited Receivers to continue operating the Whakapapa ski field assets for the 2024 ski season while in Liquidation and Receivership. Tourism | Ministry of Business, Innovation & Employment | Manawatū-Whanganui/Horowhenua | Contracted | $7,300,000 | $7,300,000 |
Ruapehu Alpine Lifts Limited - Administrators Loan To provide short term bridging finance to ensure or Ruapehu Alpine Lifts continues to operate while in voluntary administration. Tourism | Ministry of Business, Innovation & Employment | Manawatū-Whanganui/Horowhenua | Contracted | $6,000,000 | $6,000,000 |
Ruapehu Alpine Lifts Limited - Liquidator Loan To provide short term bridging finance to ensure or Ruapehu Alpine Lifts continues to operate while in voluntary administration. Tourism | Ministry of Business, Innovation & Employment | Manawatū-Whanganui/Horowhenua | Contracted | $5,000,000 | $5,000,000 |