Watch live: Aurora Energy sale debated

Dunedin city councillors are debating the possible sale of Aurora Energy.

Aurora distributes electricity to Dunedin, Central Otago, Wānaka and Queenstown.

Any sale price is tipped to comfortably exceed $1 billion. This would allow the council to set up a diversified fund worth hundreds of millions of dollars, providing an alternative revenue stream to rates.

Public opposition has been strong.