Trustpower: Approval of TECT Restructure
Trustpower Limited (Trustpower), in which Infratil is a 51% shareholder, today announced that the High Court had approved the Tauranga Energy Consumer Trust (TECT) restructure.
Trustpower has advised that, pending any notice of appeal of that decision, the sale of its retail business is intended to occur in the first quarter of 2022.
A copy of the Trustpower release is attached.
Any enquiries should be directed to:
Mark Flesher, Investor Relations, Infratil Limited