Infratil Limited is a New Zealand-based infrastructure investment company, publicly listed on the NZX. Founded in 1994, it has grown through strategic investments in energy, transport, and digital infrastructure across New Zealand, Australia, and beyond.
Infratil was established as an infrastructure investment fund by Lloyd Morrison and a team of former bankers. The company aimed to invest in underperforming or undervalued infrastructure assets in New Zealand. #infrastructure #investment
Infratil made its first major investment by acquiring a 34% stake in Wellington International Airport. This marked the beginning of its strategy to invest in airport and utility assets. #aviation #investment
Infratil completed its initial public offering (IPO) on the New Zealand Stock Exchange (NZX), raising capital for further infrastructure investments. The listing provided public investors access to infrastructure assets. #IPO #NZX
Infratil acquired Capital Property Fund, gaining a portfolio of commercial properties, including retail and office assets. This diversified its infrastructure holdings into real estate. #realestate #acquisition
Infratil made a strategic investment in TrustPower, a New Zealand electricity generator and retailer, gaining exposure to the energy sector. #energy #renewable
Infratil increased its stake in Wellington International Airport to 66%, gaining majority control. This strengthened its position in airport infrastructure. #aviation #acquisition
Infratil entered the public transport sector by acquiring NZ Bus, a major bus operator in New Zealand's main cities. #publictransport #bus
Infratil expanded internationally by acquiring a 30% stake in Australia Pacific Airports, which owns Launceston and Hobart airports in Tasmania. #aviation #expansion
Infratil divested its property assets by selling Capital Property Fund, focusing on core infrastructure like airports, energy, and transport. #divestiture #strategy
Infratil purchased the remaining shares in Wellington International Airport, taking full ownership. This became a flagship asset. #aviation #acquisition
Infratil co-founded Tilt Renewables, a renewable energy company focused on wind farms in New Zealand and Australia. #renewable #wind
Infratil acquired the infrastructure portfolio of First State Investments, adding assets like South Australia's Power Generation and Victoria's gas distribution. #energy #acquisition
Infratil dual-listed on the Australian Securities Exchange (ASX) to attract more international investors and support its Australian expansion. #ASX #NZX
Infratil appointed Morrison & Co as its external investment manager, formalizing a relationship that provided expertise and deal flow. #management #investment
Infratil diversified into telecommunications by acquiring Euphony Networks, a New Zealand voice and data provider. #telecom #digital
Infratil sold NZ Bus to Next Capital, exiting the public transport sector to focus on energy and digital infrastructure. #divestiture #transport
Infratil entered the data centre market by investing in Canberra Data Centres, a provider of cloud and colocation services in Australia. #datacenter #cloud
Infratil acquired Wellington Electricity, an electricity distribution network serving the Wellington region, strengthening its energy infrastructure portfolio. #energy #electricity
Infratil, in a consortium with Brookfield Asset Management, acquired Vodafone New Zealand, entering the mobile and fixed-line telecommunications market. #telecom #acquisition
Tilt Renewables completed the construction of the Snowtown Wind Farm in South Australia, increasing its renewable energy generation capacity. #renewable #wind
Infratil set up Infratil Energy Australia to manage its growing Australian energy assets, including generation and retail. #energy #Australia
Infratil acquired FirstGas, a New Zealand gas transmission and distribution network, further diversifying its energy holdings. #gas #infrastructure
Infratil sold its remaining stake in TrustPower as part of a strategy to focus on core infrastructure assets and raise capital for new investments. #divestiture #energy
Infratil invested in spectrum licences for One NZ (then Vodafone NZ) to support 5G rollout, positioning for digital infrastructure growth. #5G #telecom
Infratil acquired Nelson Electricity, an electricity lines company, expanding its New Zealand electricity distribution network. #energy #electricity
Infratil launched a dedicated fund to invest in digital infrastructure, including data centres, fibre networks, and towers globally. #digital #fund
Infratil increased its investment in CDC Data Centres, becoming a majority owner of the Australian data centre operator, reflecting growing demand for cloud and data storage. #datacenter #cloud
Infratil's airport assets, particularly Wellington Airport, faced significant revenue declines due to pandemic travel restrictions. The company implemented cost-saving measures and sought government support. #COVID19 #aviation
Infratil acquired Retiplus, an Australian fibre network provider, to expand its digital infrastructure footprint in Australia. #fibre #digital
Infratil sold its stake in Tilt Renewables for NZ$2.4 billion, generating substantial returns for shareholders. The sale reflected the high demand for renewable energy assets. #renewable #divestiture
Infratil committed NZ$300 million to upgrade One NZ's mobile network, including 5G expansion in rural New Zealand, enhancing digital connectivity. #5G #telecom
Infratil completed the acquisition of the remaining shares of CDC Data Centres, taking full ownership of one of Australia's largest data centre operators. #datacenter #acquisition
Infratil expanded into Asia-Pacific renewable energy by acquiring Gurin Energy, a developer of solar and wind projects in the region. #renewable #expansion
The New Zealand government approved Wellington Airport's runway extension, a project Infratil had championed to improve international connectivity. The extension is expected to boost tourism and trade. #aviation #infrastructure
Infratil's market capitalization and trading volume led to its inclusion in the NZX 50 Index, reflecting its status as a major listed infrastructure company. #NZX #index
Infratil entered the European data centre market through a joint venture to build facilities in Ireland and the Netherlands, targeting hyperscaler demand. #datacenter #Europe
Infratil sold Wellington Electricity to a consortium of investors for NZ$1.5 billion, as part of a strategy to recycle capital into digital and renewable assets. #divestiture #energy