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The Trust has a significant role in our community
LineTrust South Canterbury was formed when the South Canterbury Power Trust was resettled. It holds 40% of the shares in Alpine Energy Limited, the company who owns the electricity lines in South Canterbury region.
Alpine’s network extends over all South Canterbury with a total length of lines exceeding 3,600 kilometres and connecting over 27,000 consumers and is valued at approximately $90 million. The Trust receives dividends from Alpine Energy that is paid to the shareholders quarterly. The Trustees distribute the 90% of its profits, after deducting the Trust’s running expenses, by arranging a credit on consumers’ electricity accounts.
LineTrust South Canterbury and the Energy Network
Delivering maximum benefit for beneficiaries
Ultimately we make sure your assets are protected and managed in a way that delivers maximum benefit for beneficiaries, by carrying out the four key roles:
- Receive dividends from our shareholding in Alpine Energy and distribute them to our beneficiaries
- Manage our majority ownership of Alpine Energy on your behalf.
- Deal with government bodies on regulatory issues.
- Provide strategic input to Alpine Energy at board level.
The objective of this site is to make available to the consumer beneficiaries all relevant publications, reports and contact details of the Trust. See our library for this information.