Infratil Explained

Infratil Limited
Type:Public
Founded:1994; years ago
Location:Wellington, New Zealand
Key People:Jason Boyes, CEO
Alison Gerry, Chair
Andrew Carroll, CFO
Mark Flesher, Investor Relations
Industry:Renewable Energy
Airports
Digital Infrastructure
Healthcare

Infratil Limited is a New Zealand-based infrastructure investment company. It owns renewable energy, digital infrastructure, airports, and healthcare assets with operations in New Zealand, Australia, Asia, the US and Europe. Infratil was founded by the late Lloyd Morrison, a Wellington-based merchant banker. Morrison's company, Morrison & Co is responsible for Infratil's management and administration.

History

Infratil was one of the world's first listed infrastructure funds when it was established and listed on the New Zealand Exchange in 1994. Its first investment was a minority stake in Trustpower. It expanded into airport ownership in 1998 when it bought a 66% shareholding in Wellington Airport. More recently Infratil has invested into the Digital Infrastructure and Healthcare sectors. Infratil was named Amazon Web Services Company of the Year at the Deloitte Top 200 Awards for 2021.[1] [2] Infratil was also recognised in the IJInvestor awards with APAC Fund Performance of the year.[3] At the 2024 INFINZ Awards Infratil was named Best Investor Relations and won the NZ Equity Market Transaction of the Year for its NZ$750 million Placement and NZ$185 million Upsized Retail Offer. [4]

Over the 10 year period from 1 April 2014 to 31 March 2024, Infratil delivered an average after tax return of 22.0%.[5]

Investments

The following companies are either wholly or partially owned by Infratil.

Renewable Energy

Former

Healthcare

Former

Airports

Current

Former

Digital Infrastructure

Notes and References

  1. Web site: 2 March 2022 . Amazon Web Services Company of the Year at the Deloitte Top 200 Awards 2021 . 2 March 2022 . www.top200.co.nz.
  2. Web site: 2 March 2022 . 2021 Deloitte Top 200 Winners announced . 2 March 2022 . www2.deloitte.com.
  3. Web site: 13 December 2021 . IJInvestor Awards 2021 - APAC Company Awards . 13 December 2021 . www.ijglobal.com.
  4. Web site: 16 May 2024 . 2024 Winners Announced . 16 May 2024 . www.infinz.com.
  5. Web site: 21 May 2024 . Infratil Annual Report 2024 . 21 May 2024 . www.infratil.com . PDF.
  6. Web site: Shareholdings . app.companiesoffice.govt.nz.
  7. Web site: 19 May 2021 . Infratil Annual Report . 19 May 2021 . www.infratil.com .
  8. Web site: NZX announcement . dead . https://web.archive.org/web/20100923195951/http://www.nzx.com/markets/NZSX/IFT/announcements/3520642/INFRATIL-AGREES-PURCHASE-OF-SHELL-NZ-ASSETS . 23 September 2010 . 3 May 2010.
  9. News: Rutherford, Hamish . 11 May 2011 . Shell petrol stations to be renamed 'Z' . . 4 October 2011.
  10. Web site: NZX announcement . dead . https://archive.today/20110621234457/http://www.nzx.com/markets/NZSX/IFT/announcements/3220497/Infratil-announces-sale-of-Energy-Developments . 21 June 2011 . 3 May 2010.
  11. Web site: Shareholdings . app.companiesoffice.govt.nz.
  12. Web site: Shareholdings . 9 May 2019 . Business.govt.nz.
  13. News: 24 November 2013 . Airport in £1 public ownership deal . BBC News .
  14. https://www.bbc.co.uk/news/uk-england-kent--25154220
  15. News: 21 November 2005 . Infratil acquires Stagecoach for $250m . National Business Review . 29 June 2009.
  16. News: 24 December 2018 . Infratil sells NZ Bus to private equity buyers . . 24 December 2018.
  17. NZ Herald, https://www.nzherald.co.nz/business/infratil-taking-full-control-of-one-nz-in-18-billion-deal/OI5IEIFKY5EBDLIXCS2G66ORT4/