HomeInfratil News2006Infratil Completion of Purchase of Alliant Energy New Zealand Limited

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Infratil Completion of Purchase of Alliant Energy New Zealand Limited

29 Dec 2006

Infratil today completed the purchase of Alliant Energy New Zealand Limited for $432.7 million.

On 3 January 2007, Infratil intends to complete the sale of 14.0 million TrustPower shares to the Tauranga Energy Consumer Trust for an aggregate $82.60 million, 12.35 million TrustPower shares to various institutions for an aggregate $86.45 million, and 13,484,048 Infratil shares for an aggregate $67.42 million.

These transactions will leave Infratil with 159,215,388 TrustPower shares (50.5% of the total shares on issue) and with 219,595,414 Infratil shares on issue.


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