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Hot Topic EARNINGS
Hot Topic EARNINGS
Tech & Innovation
10 mins to read

Failed businessmen linked to waste projects seeking millions

The projects include a Whangārei pilot plant which has been operating without consent, NBR investigations reveal.

Pyrolysis plants such as this one processing waste plastic overseas, have proved controversial.

Key points
  • What's at stake: Gibraltar Private Capital is seeking up to $18 million in investment for three waste-to-energy projects including a Whangārei pilot pyrolysis plant that has been operating without resource consent.
  • Background: Pyrolysis is a controversial technology in New Zealand with several operators having struggled to get resource consent, while Zero Waste is waging a campaign against incineration of waste. The Whangārei project was formerly owned by failed businessman Warren Sinclair who's being threatened with a banning order as a company director.
  • Main players: Gibraltar Private Capital, Gibraltar Capital, Black2Green 2025, Warren Sinclair, Lindsay Kerslake, Tony Baxter, Clive Cousins, Wayne Bailey. 

© All content copyright NBR. Do not reproduce, even if you have a paid subscription.


Three waste-to-energy projects seeking millions of dollars in early-stage funding have links to a suspended chartered accountant, a lawyer with ties to formerly bankrupt property developer Dave Henderson, and a

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Fiona Rotherham Thu, 04 Dec 2025
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Key points
  • What's at stake: Gibraltar Private Capital is seeking up to $18 million in investment for three waste-to-energy projects including a Whangārei pilot pyrolysis plant that has been operating without resource consent.
  • Background: Pyrolysis is a controversial technology in New Zealand with several operators having struggled to get resource consent, while Zero Waste is waging a campaign against incineration of waste. The Whangārei project was formerly owned by failed businessman Warren Sinclair who's being threatened with a banning order as a company director.
  • Main players: Gibraltar Private Capital, Gibraltar Capital, Black2Green 2025, Warren Sinclair, Lindsay Kerslake, Tony Baxter, Clive Cousins, Wayne Bailey. 
Failed businessmen linked to waste projects seeking millions
Tech & Innovation,
112128
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