Infrastructure Holdings Limited, the parent company established to provide funding to both Port Nelson and Nelson Airport, has secured a Green and Social Loan through the NZ Local Government Funding Agency to finance the remaining costs of New Zealand’s first electric port mobile crane at Port Nelson, following co-funding support from the Energy Efficiency and Conservation Authority (EECA). The combined funding will also enable the retrofit of one of Port Nelson’s existing diesel cranes with an electric motor.
The crane, which can seamlessly switch to diesel, when necessary, will perform comparably to traditional diesel-driven cranes but with substantial benefits in efficiency, emissions, and noise reduction.
With cranes accounting for approximately 22% of Port Nelson’s Scope 1 emissions, the new crane will contribute significantly to the Port’s sustainability strategy to reduce carbon emissions and add resilience to its cargo handling operations.
The purchase of the new crane and retrofit of an existing crane is the first project financed under New Zealand Local Government Funding Agency’s Green and Social Loan Clean Transportation Category.
