Riverstone Holdings Ltd is a privately owned New Zealand company. It has been specifically created to take this project from a concept to an operating business. The company will, at the appropriate times increase equity and raise debt finance to ensure adequate funding for the project. It is envisaged there will be opportunities for local investors to be involved in the capital raising(s).
The principal shareholder of Riverstone, Infinity Investment Group, is currently involved in projects with a combined value in excess of $1.5 billion.
Bob Robertson, the Managing Director of Infinity Investment Group is also the Chairman of Riverstone. The other director is John Beattie.
The Infinity Investment Group is the majority shareholder (82%) and brings a demonstrated commitment to quality developments and sound environmental practices. Infinity is the largest property developer in the South Island. Current projects include Riverside Park at Albert Town and Peninsula Bay in Wanaka.
Infinity and its principals have demonstrated commitment to environmental causes and leading environmental performance. Infinity is a business member of the Royal Forest and Bird Protection Society of NZ. Infinity was a founding member of the “Save the Waitaki Trust” and its main benefactor. More recently, both Mr Robertson and Mr Beattie were founding Trustees of the Waitaki Protection Trust. Mr Beattie has also enjoyed a more than 20-year association with the executive of the World Wide Fund for Nature and is the founding Chairman of Sustainable Wanaka. In 2005 Foveran Deer Park, a company affiliated to Infinity, won the Fish and Game New Zealand Environmental Award for Excellence in Riparian Management.