A conditional agreement to sell the TÅ«roa side of Mt Ruapehu has been signed, with plans for Company Pure TÅ«roa to acquire assets from Ruapehu Alpine Lifts.
In an update on its website, Pure TÅ«roa says it is âstill working hard and making good progressâ regarding the purchase of the skifields.
It was named as a preferred bidder for Mount Ruapehu under the previous government, alongside Whakapapa Holdings, which is now nowhere to be seen amongst the bidding process.
NgÄti TÅ«wharetoa took its offer off the table in September last year. At the time, Uenuku Iwi Chair Aiden Gilbert told NZME MÄori have not had enough say. âWeâve had all this debacle with MBIE, in terms of what they believe is good and meaningful consultation. Iâm sure weâve pulled them back on those issues and said [itâs] not good enough,â Gilbert said.
Ruapehu Alpine Lifts was sent into administration in October 2022. Photo / File
A month before cancelling its bidding plans, then-Regional Development Minister Kiri Allan wrote an apology letter to iwi with other ministers, saying sorry for âflawedâ consultation.
âWe acknowledge that the process has not met the standard of rigour that you should expect from the Crown as it has not allowed appropriate time and quality information - two fundamental elements of good engagement,â the letter, revealed by NZME, said.
Ruapehu Alpine Lifts was sent into administration in October 2022, and liquidation in June last year, after Covid-related disruptions and poor ski seasons.
NZME recently revealed the asset value of Ruapehu Alpine Lifts is much lower than its original estimate, with millions owned to numerous creditors, as seen in RALâs receivers report.
The skifields were partially propped up last year due to numerous spending packages from Cabinet, allowing the ski season to tick over while bids were on the table, and conversations were taking place.
The Department of Conservation is seeking submissions on Pure TÅ«roaâs application to run that side of Mt Ruapehu. The company is âvery hopeful of a favourable outcome,â and expects a final decision to be made in late March.
If it goes through, KÄnoa, the Regional Economic Development & Investment Unit at MBIE, will own a 25 per cent stake in the company.
Pure TÅ«roa is keeping a positive outlook on the future of the skifields with the conditional agreement signed off. In an update, the company said it can now get a lot more work done âensuring TÅ«roa is the best it can be for winter 2024â.
Pure TÅ«roa titled its update âa step forwardâ.
No plans are yet in place for the Whakapapa side of the mountain, though Ruapehu District Mayor Weston Kirton recently told NZME he expects people will âsee the new season with two separate entities with different structuresâ.
Azaria Howell is a Wellington-based multimedia reporter with an eye across the region. She joined NZME in 2022 and has a keen interest in city council decisions, social housing and transport.
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