Te Awa Lakes Finance LP (Te Awa SPV) is a Special Purpose Vehicle established by National Infrastructure Funding and Financing Limited (NIFF) in 2025 with the sole purpose of raising capital required to finance transport and water infrastructure projects required to service the Te Awa Lakes development in Horotiu, Hamilton.

The total eligible construction cost of the infrastructure is expected to be approximately $70 million. Te Awa SPV will contribute $50.0 million of funding towards the costs of constructing the infrastructure projects. The developer (Te Awa Lakes Joint Venture) will fund the remainder of the project costs (plus any cost over-runs).

The funding provided towards the infrastructure costs by Te Awa SPV will be repaid over time through Levy payable by the land owners within the Te Awa Lakes development Levy Area.