Natixis is Exclusive Equity Advisor to Hawaiki Cable

Hawaiki Submarine Cable LP, the New Zealand owner and developer of Hawaiki submarine cable system, has appointed Natixis as Exclusive Equity Advisor for the project.

Hawaiki submarine cable system is a new trans-Pacific cable, based on coherent fiber technology and with designed capacity of over 25 Tbps, which is planned to link Australia and New Zealand to the United States, also connecting to a number of South Pacific Islands and Hawaii, by the end of 2017.

The project represents one of the world’s first privately-owned subsea cables that uses project finance methods to finance construction. The completion of the financing will allow project implementation to begin in the fourth quarter of 2015.