Recent news and announcements from Kānoa – Regional Economic Development & Investment Unit.
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First Gas Security Fund projects announced
7 September, 2026
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Hydrogen RIF package to support regional opportunities
A new $30 million funding package has been set aside within the Regional Infrastructure Fund (RIF) to support projects that help grow New Zealand’s hydrogen sector.
28 August, 2026
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Three more regional airlines receive loans
Three more regional airlines will receive Regional Infrastructure Fund (RIF) loans from the $30 million ear-marked to help support at-risk regional air routes and safeguard essential services.
28 April, 2026
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New name, same superhot kaupapa (purpose)
New Zealand’s pioneering superhot geothermal undertaking, formerly known as the New Zealand Supercritical Geothermal Project, is now ‘GeoShot NZ’.
20 April, 2026
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Geothermal receives support from the RIF
A $50 million allocation has been set aside from the Regional Infrastructure Fund (RIF) for geothermal projects, helping unlock new renewable energy, jobs and regional resilience.
26 March, 2026
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Superhot geothermal preferred contractor named
New Zealand firm Todd Energy has been selected as the preferred lead contractor to drill New Zealand’s first exploratory superdeep, superhot geothermal well, which – if successful – could bring about a step change in New Zealand’s energy supply.
11 March, 2026
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New suite of Regional Infrastructure Fund reports published
Kānoa has published a new suite of monitoring and reporting reports for the Regional Infrastructure Fund (RIF).
17 February, 2026
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CRHL Annual Report 2025 highlights strong regional impact
Crown Regional Holdings Limited’s (CRHL) Annual Report 2025 shows that government investment is delivering real economic benefits across New Zealand’s regions.
3 February, 2026
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$10m investment in new Ringatū Marae complex
The Government is investing just over $10 million from the Regional Infrastructure Fund (RIF) to upgrade the National Ringatū Marae Complex in Bay of Plenty.
3 February, 2026
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Hotter, deeper, cleaner: Powering our way to 'supercritical' geothermal energy
New Zealand is at the fore of a global race to unlock one of the potentially most powerful renewable energy sources on Earth.
28 January, 2026