Infratil News

Announcement of Results for the Year Ended 31 March 1999

17 May 1999

RESULTS Infrastructure & Utilities NZ Limited's ("Infratil") net surplus after tax before investment realisations for the year ended 31 March 1999 increased by 50.6% to $14.9 million over the $9.9 million earned for the same...

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Lend Lease Corporation Invests in Infratil Manager

4 Mar 1999

The Manager of Infrastructure & Utilities NZ Limited ("Infratil"), Morrison & Co announced today that it had reached an agreement with Lend Lease to acquire 25% of Morrison & Co with rights to acquire 100%...

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Alliant and Infratil Announce Electricity Investment Agreement

17 Feb 1999

Alliant International New Zealand Limited, a subsidiary of the US-based utility company, Alliant Energy Corporation (LNT-N), and Infrastructure & Utilities NZ Limited ("Infratil"), have today (17/2/99) signed an agreement to work together on future electricity...

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Infratil Completes Settlement of Purchase of 23.6 Million Notes in TrustPower

17 Feb 1999

Infrastructure & Utilities NZ Limited ("Infratil") advised that it had completed settlement under its agreement with the Rotorua Energy Charitable Trust ("RECT") dated 8 February 1999 and acquired the 23.6 million TrustPower Limited convertible notes...

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Infratil Announces Agreement to Increase Its Stake in Wellington International Airport to 66%

22 Dec 1998

Infrastructure & Utilities NZ Limited ("Infratil") has reached conditional agreement with Alliance Life Common Fund (L) Limited ("Alliance") and Foreign & Colonial Special Utilities Trust plc ("F&C") to purchase their shareholdings in NZ Airports Limited...

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