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:

VCT - Operational Performance for the 3 months ended 30 Sept 2026
SKL - Skellerup with strong start, forecasts growth for FY27
NPH - 2026 Annual Results Announcement Date
SKC - 2026 Annual Meeting of Shareholders
SML - Synlait appoints permanent Chief Executive Officer
TEM - Transaction in Own Shares
ATM - Notice of Annual Meeting and Voting Form
MEL - Meridian Energy monthly operating report for September 2026
TEM - Transaction in Own Shares
GTK - Gentrack contracts with Momentum Energy for g2