Commerce Commission clears Contact Energy’s proposed acquisition of Manawa Energy
Infratil is pleased to confirm that the New Zealand Commerce Commission has granted Contact Energy clearance to acquire all of the shares in Manawa Energy under the Scheme of Arrangement announced on 11 September 2024.
Manawa will now proceed to hold a shareholder meeting for shareholders to vote on the Scheme and, as previously announced, Infratil has committed to vote its 51% shareholding in Manawa in favour of the Scheme, subject to certain conditions.
Subject to satisfying the remaining conditions of the Scheme, Manawa expects that the Scheme will be implemented in July 2025.
A copy of Manawa’s announcement is attached.
Enquiries should be directed to:
Mark Flesher Investor Relations
Email: mark.flesher@infratil.com
Authorised for release by:
Brendan Kevany
Infratil Company Secretary
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