
Million-dollar backstop loan for Wellington's Sky Stadium
Councils consider $4.2m lifeline loan for stadium to fall back on with borders still shut.
Councils consider $4.2m lifeline loan for stadium to fall back on with borders still shut.
NZX-listed Infratil is raising $300m to advance its current investments.
CDC Data Centres is now the biggest asset in Infratil's portfolio.
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Infratil partner Brookfield Asset Management has received approval for the Vodafone deal.
Infratil gets to keep its 50% stake in Trustpower with its 100K broadband customers.
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The infrastructure investor is forecasting earnings between $510-510 million for the year.
Trustpower and Tilt got a late tailwind from mother nature.
Infratil has lost most of its bus contract with the Greater Wellington Regional Council.
Infratil has sold its cornerstone stake in Metlifecare for $237.9 million.
Infratil says a hearing on a bid to extend the Wellington Airport runway will likely be delayed due to earthquake hearings.
Infrastructure investor Infratil is still upbeat about its investment in US renewable energy despite Donald Trump's promise to boost coal.
Trustpower may now have to pay nearly $15 million in tax and interest after losing a Supreme Court appeal.
The High Court has backed that a 90-metre safety area for an extended Wellington Airport runway is sufficient.
Infratil lifted annual earnings by 2.5 per cent, meeting guidance, as its Metlifecare and RetireAustralia investments delivered big contributions.
New Zealand's biggest bus operator is paying $30m to start moving its fleet to electric technology.
Infratil expects its underlying earnings to rise, helped by its retirement village business.
Wellington Airport has hit back at scathing analysis of its runway extension plan by the New Zealand Institute of Economic Research.
Report backed by airlines tears into plan to lengthen airport's runway, saying it would be a waste of money and a drain on the economy.
HRL Morrison & Co's Lib Petagna has continued to sell down his stake in Infratil as he scales back his role with the investment bank managing the listed infrastructure investor.
Brokers are picking Fisher & Paykel Healthcare, Diligent and Infratil to be among the NZX's top-performing stocks in 2016.
Infratil, the investment company managed by Wellington-based investment bank Morrison & Co, posted a 14 percent gain in first-half pretax earnings.
Tauranga-based Trustpower will pay $5 a share in cash in a full takeover offer for King Country Energy, provided it gets at least 70.2 percent of the company.
The recent rally in Z shares convinced Infratil and the Super Fund that it was time to sell.
Infratil will book a profit of $392m on the sale of its remaining 20pc stake in Z Energy.