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WEL Energy Trust approves over $2m in community grants

WEL Energy Trust approves over 2 million dollars in community grants

The Trust is pleased to announce the results of the 2012-13 Grant round.

After deliberating last week, 280 groups across our region have had grants approved, with a total allocation of $2,014,080. This is more groups than in the previous 5 years, in which the highest number funded was 246.

Grants range in size from $360 for Ruakiwi Tennis Club, right up to $70,000 for the iconic Balloons over Waikato event, and pretty much everything in between.

Trust Chair Mark Ingle says: “We were very pleased to be able to fund such a wide range of groups, projects and activities again this year. It was also great to see the progress and achievements of the groups we have supported in the past highlighted through the application process.”

A full list of those who have received funding in this round can be viewed at: http://www.welenergytrust.co.nz/files/2012-13%20Grant%20allocations.pdf

WEL Energy Trust owns lines company WEL Networks ltd. on behalf the community and has publically elected trustees. In addition to distributing community funding, the trust also funds energy efficiency programmes and allows the company to provide up to 20 million in discounts back to lines customers within the WEL Networks region.

ENDS

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