IFT - Completion of Longroad Energy transaction

On 1 August 2022, Infratil and its co-investors in Longroad Energy, the NZ Super Fund and the Longroad Energy management team, announced that MEAG, acting as the asset management arm for entities of Munich Re, had agreed to invest US$300 million to acquire a 12% stake in Longroad and Infratil and the NZ Super Fund would each invest a further US$100 million and retain a ~37% stake, subject to certain conditions.

The conditions for the transaction have now been met, and completion has occurred.

Infratil looks forward to continuing to work with the Longroad team, the NZ Super Fund and MEAG to support the ongoing success of the business.

Investor enquiries should be directed to:

Mark Flesher

Investor Relations

Email: mark.flesher@infratil.com

•  Completion of Longroad Energy transaction

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

POT Financial Results for the year to 30 June 2025
MOVE FY25 Results for the year ended 30 June 2025
BPG - Completion of Retail Offer
Comvita releases results for the year ended 30 June 2025
August 29th Morning Report
Air New Zealand announces 2025 financial result
August 28th Morning Report
VSL - 2025 date of Annual Meeting of shareholders
WIN - Winton announces FY25 Annual Results
Meridian Energy Limited 2025 Full Year Financial Results