Tag Archives: Debt burden

Aurora Energy at ODT 24.2.17 follows #LGOIMA

Broad spectrum (?!) LGOIMA request from earlier this week and interim acknowledgement:

From: Elizabeth Kerr
Sent: Monday, 20 February 2017 7:24 PM
To: Grady Cameron
Cc: Elizabeth Kerr
Subject: Aurora Energy Ltd – Official Information Request (LGOIMA)

Attention Grady Cameron
Chief Executive, Aurora Energy Ltd

Dear Grady

How is Aurora Energy Ltd funding the $30million pole replacement programme you speak about – from capex (capital expenditure), opex (operational expenditure), a combination of the two? or by other means? (please state)

Will Aurora Energy Ltd attempt to raise line charges for Otago power consumers, to achieve the number of (dangerous) pole replacements required in the next 3-5 years – how soon will line charges increase and by how much given regulatory scrutiny by the Commerce Commission?*

Is Aurora Energy Ltd solvent at this time? Explain.

Please provide any financial detail(s) salient to these matters.

Sincerely

Elizabeth Kerr
Dunedin

*emphasis added 24.2.17

—————————————-

From: Grady Cameron
Sent: Wednesday, 22 February 2017 1:02 p.m.
To: Elizabeth Kerr
Subject: Aurora Energy Ltd – Official Information Request (LGOIMA)

Dear Elizabeth

Thank you for your enquiry. We acknowledge receipt of your official information request received by us on 21 February regarding Aurora Energy (our reference 0945).

We will endeavour to respond to your request as soon as possible and in any event no later than 21 March, being 20 working days after the day your request was received. If we are unable to respond to your request by then, we will notify you of an extension of that timeframe.

Kind regards,
Glenda

****

Received.
Fri, 24 Feb 2017 at 1:58 a.m.

[click to enlarge]

ODT 24.2.17 (page 4)

odt-24-2-17-aurora-planned-power-outages-p4

ODT 24.2.17 (page 5)

odt-24-2-17-aurora-energy-notification-of-electricity-delivery-prices-p5

Posted by Elizabeth Kerr

This post is offered in the public interest.

2 Comments

Filed under Aurora Energy, Business, Central Otago, Construction, DCC, DCHL, DCTL, Delta, Democracy, Design, Dunedin, Economics, Education, Electricity, Finance, Geography, Health, Infrastructure, Media, Name, New Zealand, OAG, Ombudsman, People, Perversion, Pet projects, Politics, Project management, Property, Public interest, Queenstown Lakes, Resource management, SFO, Technology, Tourism, Town planning, Travesty, Urban design, What stadium

Delta #EpicPowerFail 10 : Grady Cameron : The Counterfeit Comet

Received from Christchurch Driver [CD]
Thu, 16 Feb 2017 at 12:15 a.m.

Dear Readers

Local cyberspace has run hot tonight with the news that Grady Cameron has finally taken Richard Healey’s advice and fallen on one of his many splintered power poles, tendering his resignation. But just like a funhouse hall of mirrors, nothing at Aurora/Delta is as it seems. Mr Cameron is leaving later not sooner. It should be sooner, much sooner, like now.

As pointed out several times by Jarrod Stewart and Richard Healey, Grady is entirely the wrong individual to “oversee the transition process, along with the accelerated pole programme now under way”, which was the vague treacle proffered by Gary Gyroscope Johnson and Mr Thompson as an excuse for Mr Cameron to cling on for another year.

What the somewhat dim Mr Thompson does not know is that most of Delta already know what provision for early termination is in Grady’s package, and it is….12 months’ salary. (Hard to keep anything secret at Delta these days, Mr Thompson!) Go on, refute that “unfounded speculation”, Mr Gyroscope!

Therefore Mr Thompson had the two terminally unattractive options of 1) Paying Grady $600,000 to do nothing or 2) Paying Grady $600,000 to hang around and pretend that his help is “appreciated”. Chairman Thompson knew he would be sacked if he agreed to pay Grady $600,000 to do nothing, because What if? Dunedin and many others would find out in short order, and it would be curtains for Mr Thompson – sooner rather than later. However, Mr Thompson has made an elementary error. When you sack someone, get them gone. This is not Personnel Management 101, it’s 001. Despite $600,000 being a lot of cash, it was still the right thing to do because Grady’s other great failure as CEO was to preside over the accelerated decline of the staff at Delta.

odt-16-2-17-cameron-not-seeking-new-role-p3-underlined

It is past the tipping point and on its way to collapse, and if Grady stays another year collapse it will. At this stage in your correspondent’s post, the Greek chorus begins, accompanied by the rattling cups of Choysa : Evidence, evidence, give us the factual evidence!

Very well readers, have the Gaviscon ready, here are some stomach turning informational nuggets to show the appalling state of the Delta engineering department, the essential core of the organisation. Desk executive types like Grady and Matt Ballard can come and go, but the engineers make the place run.

While Mr Gyroscope and Mr Thompson trumpeted the two new external appointments today, they failed to mention that there are 45 vacancies – yes 45, that is 4 lots of 10 plus 5, Steve, at Delta.

Your correspondent understands these are in the main technical positions that any reputable company will have trouble filling, let alone a basket case like Delta.

Very recently, a capable senior design engineer was asked by either Matt Ballard or Grady “What would it take to get you to stay?”, as they had been alerted that the engineer was about to vote with his feet. “Nothing could convince me to stay” was the response and the engineer who was in the prime of his career and had worked for Delta for 6-7 years, departed to the North Island.

Next fact: There are now fewer than 10 design engineers left at Delta. There will be one less tomorrow because another resigned today but hadn’t advised The Management.

Alarming fact : Your correspondent is advised that of those left, at least three already have plans in place to leave that are not negotiable.

Strange but true : A design engineer recently resigned. Mule-like, Mr Cameron and his cohorts “refused to acknowledge his resignation”. This would appear to be code for “we will pay you absolutely anything you want because we know we will get no applicants for your position”, much like the example above. We can conclude from the example with Derek Todd quoted in #EpicPowerFail 9 that the practical limit is a tripling in salary.

There’s more : After deducting out those engineers, there are others actively looking to leave also. We can know this with confidence as a Wellington power company advertised a position for a design engineer recently. The recruiter called a contact at Delta and asked “What the heck is going on down there – we have had 4 applications and 3 of them are from Delta !!”

Grady’s response to this is to hire engineers from around the world, and try and fill engineering positions with “Project Managers” (Godfrey Brosnan is just the latest example). This is not to denigrate those with overseas qualifications or from a different culture but as Richard Healey notes, this is a dangerous high risk industry and ‘culture’ is important. Experienced local engineers with institutional knowledge and memory are priceless – and absolutely essential. The legacy of Grady and successive incompetent boards is that Delta and Aurora, are very likely to be left with somewhere between very few and almost none.

Your correspondent is given to understand that there is a funereal level of staff morale. Many staff around all departments have the view that (Delta)Aurora is only a few more key resignations away from being unable to function as a lines company. Richard Healey may be able to comment further on this.

The common theme from departed staff is that they would not work any longer under the management regime.

Normally your correspondent likes to finish with what he fondly imagines to be a witty riposte, but after surveying the decayed remnants of Aurora, humour is not appropriate. 

Since 2009, Grady Cameron has blazed across our power line landscape like a counterfeit comet. Grady’s disastrous tenure has created a giant financial crater for the city that will have to be made good by ratepayers for around twenty years – most of a generation.  

While not solely responsible, he encouraged a culture of cynical disinterest in the long-term health of the company he was charged with protecting, to flourish.

There is no wit to be had here, but justifiable anger. 

[ends]

Posted by Elizabeth Kerr

This post is offered in the public interest.

*Image: ODT 16.2.17 Cameron will not seek new role page 3 detail tweaks by whatifdunedin

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Grader Cameron to step down as chief executive ● still on payroll

Frankly, until we see Grady Cameron up on charges in court as well . . . .
this is half-pie luke warm (PR managed) news mongering without ANY public accountability for the deliberate corporate degradation of Otago’s power network by Dunedin City Council, Dunedin City Holdings Ltd and the two council-owned companies Aurora Energy and Delta Utility Services.

As What if? noted about the dateline in previous posts care of DCC leaks:

OVERPAID Grady Cameron, chief executive of Aurora and Delta, announced today that he will step down from his position before 30 June this year.

However, we haven’t got rid of the award-winning burnt asset arsehole just yet.

● December’s Deloitte report recommended that Aurora (‘lines company and asset owner’) and Delta (‘civil engineering company and contractor’) be separated and governed by separate independent boards.

● Grady Cameron says he is not considering a new position with either company.

● Instead, Mr Cameron will take up an interim position to the end of this year, overseeing next developments for the entities.

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grady-cameron-delta-ceo-story-19-10-16-newshub-co-nzNewshub broke the story when whistleblower Richard Healey first went public on dangerous poles 19.10.16 [newshub.co.nz]

Deloitte review report – Aurora Energy and Delta Utilities (PDF, 1740 KB)
12 Dec 2016: Review of Aurora Energy Limited/Delta Utility Services Limited – Network Safety Concerns

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Media Release
Aurora Energy begins implementing recommendations of independent review

15 Feb 2017
Aurora Energy has begun the implementation of the organisational changes recommended by the independent review by its shareholder, Dunedin City Holdings Limited.
The first step is to transition to two standalone companies from the middle of the year.
Delta Utility Services and Aurora Energy Chair, Steve Thompson, says there have always been two organisations – Aurora Energy that owns the electricity network, and Delta that provides contracting services to Aurora Energy and other energy and environmental customers and employs the people who maintain the network.

“We about to begin the process of recruiting a new chief executive for Delta and aim to have that person in place by the middle of the year. As the Delta leadership team takes shape, we will provide further updates. We expect to appoint a permanent Aurora Energy chief executive in the latter part of the year.”

“The current chief executive, Grady Cameron, has advised me that he will not take up either of the new roles. He will remain in his existing role until 30 June 2017, after which he will be interim Aurora Energy chief executive until the end of the year.”

“The Board and I are particularly grateful that Grady has agreed to oversee the transition process along with the accelerated pole programme which is now underway,” says Mr Thompson.

A report by consulting firm Deloitte last year prepared for Dunedin City Holdings, made a number of recommendations, including separate board and management structures for Aurora Energy and Delta.

“Grady and his team have already started work on this process, and a number of senior management appointments have been made or are currently being finalised,” says Mr Thompson. The recent appointments establish the new management team and structure for Aurora Energy (see below for executive biographies).
Mr Cameron says the new structure will significantly change the leadership of the two businesses. “My focus now is on assisting the Board and the two organisations with the transition and delivering the pole programme before taking on another role.”

For media enquiries, please contact Gary Johnson on 021 224 2333.
Delta is the infrastructure specialist in energy and environmental services. www.thinkdelta.co.nz

Aurora Energy executive leadership team appointments

Warren Batchelor, General Manager Network Performance
(external appointment, starting 20 February)
Responsible for asset management strategy, planning and implementation; manages asset management, network engineering and design and programme delivery teams. Warren brings wide experience in the electricity distribution and manufacturing sectors with a strong focus on asset management, engineering and network operations. He was most recently managing the networks transformation programme for Vector, based in Auckland. Prior to that he has held senior management roles and carried out major change programmes with Aurora Energy (the state electricity provider in Tasmania) and Unison Networks, among others. He holds a Masters in Electrical Engineering from the University of Canterbury.

Mark Corbitt, Chief Technology Officer
(external appointment, starting 20 February)
Responsible for information technology strategy and operations, network technology development for Aurora Energy, including the future implementation of its new asset management system. Mark brings deep experience in information and communications technology leadership to the organisation. He was most recently Chief Information Officer for Contact Energy based in Wellington. Prior to that he has held senior information and communications technology roles and undertaken significant projects with the Ministry of Justice, Housing New Zealand and Telecom NZ, among others.

John Campbell, General Manager Operations and Risk
(internal appointment)
Responsible for network operations and customer services, operation of network control centres, strategic risk management and network safety. John has been Operations Manager for the Aurora Energy network since 2015. Prior to that, John had more than 30 years’ experience in the electricity industry including engineering, operations and project management roles at national grid operator Transpower and network engineering and operations for Central Power (Manawatu).

Alec Findlater, General Manager Network Commercial
(internal appointment)
Responsible for network pricing, connection management, commercial development, customer solutions, regulatory affairs and resource management. Alec was most recently Commercial Manager for the Aurora Energy network. He has in excess of 30 years’ experience in electricity transmission and distribution, with senior roles encompassing design and engineering, contracting and commercial management.

[ends]

Aurora Energy Link

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█ For more, enter the terms *delta*, *aurora*, *grady*, *steve thompson*, *crombie*, *richard healey*, *dchl*, *epicpowerfail* or *epic fraud* in the search box at right.

Posted by Elizabeth Kerr

This post is offered in the public interest.

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Richard Healey on Aurora’s asset value —heralds “massive increase in rates”

Just some little things our beloved leader Mayor Cull isn’t talking about urgently with his Councillors and Dunedin ratepayers at large.

M U S T ● R E A D

Excerpts from Richard Healey’s Facebook 14.2.17:

[click to enlarge]
richard-healey-facebook-14-2-17-comment-excerpts

Related Posts and Comments:
14.2.17 DCC not Delta #EpicFail : Wall Street falsehoods and a world class debt
11.2.17 Shudder : Aurora Energy programme leader likely delusional…
6.2.17 Delta #EpicPowerFail 9 —The Curious Case of Godfrey Brosnan and…
19.1.17 Jarrod Stewart is EXACTLY RIGHT [what would Steve Thompson know]

█ For more, enter the terms *delta*, *aurora*, *grady*, *steve thompson*, *richard healey*, *dchl*, *epicpowerfail* or *epic fraud* in the search box at right.

Posted by Elizabeth Kerr

This post is offered in the public interest.

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Filed under Aurora Energy, Business, Central Otago, Construction, DCC, DCHL, DCTL, Delta, Democracy, Design, Dunedin, DVL, DVML, Economics, Education, Electricity, Finance, Geography, Health, Infrastructure, LTP/AP, Name, New Zealand, OAG, Ombudsman, People, Perversion, Pet projects, Politics, Project management, Property, Public interest, Queenstown Lakes, Resource management, SFO, Stadiums, Structural engineering, Technology, Town planning, Travesty, Urban design

What’s wrong with this picture: Party for rugby like there’s no tomorrow

### ODT Online Sat, 27 Mar 2010
Cost of hosting World Cup ‘prohibitive’
AP
New Zealand Foreign Minister Murray McCully fears that hosting next year’s World Cup is proving so expensive that the country may never be able to stage the tournament again.

“I think New Zealand is approaching this event on the basis that this may be the last time our small country of four million people can afford to host a rugby World Cup, so we’re giving it everything we can.”
-Murray McCully to The Associated Press yesterday

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Post by Elizabeth Kerr

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Stadium effects on vital infrastructural works?

The ‘favoured’ stadium project loads the council with debt and hampers divisional spending??

### ODT Online Sat, 17 Oct 2009
DCC staff warn against cutting water projects
By Chris Morris

Dunedin City Council staff have warned councillors against abandoning water infrastructure projects in an attempt to save money, as contamination of the city’s beaches again hits the headlines.
Read more

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### ODT Online Sat, 17 Oct 2009
Editorial: Clean it up

It is a health hazard and it pollutes the harbour. Yet nothing has been done about the sewage problem at Blanket Bay and Curles Point on Dunedin’s West Harbour for several years. The Dunedin City Council has been in denial, despite complaints and submissions.
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DCC's funding line continues…

### ODT Online Thu, 14 May 2009
Council will carry on with stadium
By David Loughrey

The Dunedin City Council plans to carry on with its funding of the stadium, despite the two court cases being taken against the project.
Read more

Stop the Stadium’s notice of appeal has been received by the Court of Appeal in Wellington. The case has a six-month time-frame in which to be heard.

Basil Walker’s High Court challenge against the Otago Regional Council’s funding of the project, has a hearing set down for June 4.

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