Low emissions and clean-tech Indigenous (Maori) economy

Chris Karamea Insley

Profiling the $NZ37 billion opportunity through the application of world's best knowledge and technology

London, France, Netherlands and Germany2014

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Fraunhofer Institute for Process Engineering and Packaging

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Geothermal energy and food innovationOur portfolio diversification strategy with Wageningen

Dr. Jouke Campen

• The only 100% Maori owned geothermal asset company in New Zealand

• 20% compound annual growth (10 years)

• Doubling production currently

• Food innovation a deliberate portfolio strategy

• $NZ500 million combined (with other tribes) balance sheet (large scale)

Maori Global Innovation Strategy

Tuwharetoa Geothermal

WageningenDr. Jouke Campen

Maori business join

the Food Valley Group

Investment Partners

Ministry Business

innovation

New Zealand Peer-Review

Plant and Food

Auckland University

$500 million tribal

investors

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5 Year Maori Geothermal and Food Innovation 6-Step Value-Chain strategy

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6. NutraceuticalsSuper Critical Extractives(Plant oils, fish oils etc..)• Wageningen University• FeyeCon – Netherlands• Separex – France

Fraunhofer Institute – Munich• Packaging

2014 20192016-17

2014 20192016-17

4. Low cost Greenhouse produced food

Wageningen University• Greenhouse Technology, and • Training our peopleFraunhofer• Robotics and Automation• Training our people -New Zealand Peer ReviewAuckland UniversityPlant & Food

Geothermal steam100% Maori ownership

5. Healthy low-cost foodUse excess heat

• FeyeCon – Netherlands• Separex – FranceFraunhofer Institute – Munich• Packaging

Business case(Analysis, sensitivity and scenario modeling)1. Market Research2. Plant configuration3. Connect to

geothermal steam field

Investment(Scale-up)• Equity (Maori/Iwi)• Debt• Government (PGP)Legal• Structuring• Intellectual Property

Investment(Scale-up)• Equity (Maori/Iwi)• Debt• Government (PGP)Legal• Structuring• Intellectual Property

Investment(Scale-up)• Equity (Maori/Iwi)• Debt• Government (PGP)Legal• Structuring• Intellectual Property

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Who we are and what we want?• $NZ37 billion (asset value) – cashed up and looking for investment

• 1.2 million hectares of available lands for food production

• After Government, Maori are the largest owner of natural forests in NZ

• Automation and robotics – bio economy

• Farm practices that minimize green house gases

• Foods and flavorings from NZ native plants (Manuka et)

• Scale-up of sustainable dairy by Maori landowners

• Wild catch seafood – by products for Nutraceuticals

• Land-based aquaculture

• Geothermal energy (large scale Greenhouse development)

• Renewable energy to power small Maori communities (solar, wind, hydro and micro hydro, biofuel).

As Maori business, what do we want? Global Strategic Technology Partners• To partner with Feyecon, Wageningen University and other

leading European food innovators in food processing to:– Lift the productivity of the Maori economy;– Engage the 1.2 million hectares of under-utilized Maori lands;– Reduce our carbon-footprint across our Maori food value-chains; and– Create high-skilled and high-paying jobs for the more than 500,000

indigenous Maori people

• Existing food and other technologies (tech transfer)

– Greenhouse technologies– Extend food freshness technologies– Low CO2 food technologies– Food bi-product technologies– Renewable energy technologies for remote and small communities

• European food market (niche) connections6