Plenary’s New Zealand investment commitment

AUCKLAND, NEW ZEALAND – Plenary is an independent long-term investor, developer and manager of public infrastructure, specialising in public-private partnerships, local development and asset management.

We have more than NZ$100 billion worth of assets under management across Australia, the Middle East, the UK and North America.

Portfolio highlights include the multi-stage public-private partnership (PPP) to deliver Sydney’s new driverless metro system, Melbourne’s new Footscray Hospital, and using the PPP model to achieve an efficient rollout of standardised schools and defence accommodation across outer urban and regional Australia.

Plenary has identified New Zealand as a global priority market for PPPs and is committed to working with the New Zealand Government to invest significant capital in New Zealand and overcome the significant infrastructure deficit that New Zealand faces.

Attending this week’s New Zealand Infrastructure Investment Summit in Auckland, Plenary is committing to:

1. Launching a New Zealand office within the next 18 months to complement our presence in Sydney, Melbourne, Brisbane, Singapore, Abu Dhabi, Dubai, London, Dublin, Los Angeles, Toronto and Vancouver.
2. Bidding for at least five public private partnership (PPP) opportunities over the next five years, where the New Zealand Government looks to the private sector to deliver public infrastructure.
3. For every opportunity that we bid on, partnering with local suppliers to maximise knowledge sharing and ensure local businesses benefit from major projects.
4. Generating local employment opportunities on successful projects throughout the 25+ year project lifecycle – to ensure that New Zealand can retain and enhance the skilled workforce necessary to support its long-term infrastructure pipeline.
5. Using Plenary’s global network of investors, banks and contractors to attract a broad base of private capital and expertise to the New Zealand market – creating an economic multiplier effect for every dollar that government invests in infrastructure.