HistoryClydevale is a township on the banks of the Clutha River / Mata-Au, in the Clutha Valley, 29 kilometres north-west of Balclutha. The area was once a New Zealand and Australia Land Company estate. William Moir, a groom of the estate operated a punt across the river and established the first shop. He operated both businesses until he fell from the punt and drowned. The Clydevale bridge was built across the river in 1939. The township also once had a school, blacksmiths, bakery, and a post office with banking services and a telephone exchange. Today French food company Danone operates a milk factory in the Clydevale/Greenfield area. They produce toddler infant formula brand Karicare.