Infratil News


Announcement of Infratil Interim Result

17 Nov 1999

RESULTSThe consolidated unaudited net profit after taxation before investment realisations for the six months ended 30 September 1999 totalled $4.82 million. Including investment realisations the consolidated net profit after tax was $26.98 million. This result...

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Infratil and CentralPower

30 Jul 1999

Infratil today announced that it has entered into unconditional agreements for sale and purchase with Palmerston North City Council and CentralPower Electricity Trust in respect of 16% of its 21% shareholding in CentralPower. The sale...

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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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