Company type | Public |
---|---|
NZX: IFT | |
Industry | Renewable Energy Airports Digital Infrastructure Healthcare |
Founded | 1994; 30 years ago |
Headquarters | Wellington, New Zealand |
Key people | Jason Boyes, CEO Alison Gerry, Chair Andrew Carroll, CFO Mark Flesher, Investor Relations |
Parent | Morrison & Co |
Website | infratil |
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.
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]
The following companies are either wholly or partially owned by Infratil.
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Hugh Richmond Lloyd Morrison was a Wellington, New Zealand-based investment banker and entrepreneur. He founded H.R.L. Morrison & Co in 1988, and Morrison & Co launched the infrastructure company Infratil in 1994.
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Z Energy is a New Zealand fuel distributor with branded service stations. It owns some of the former assets of Shell New Zealand and Chevron New Zealand. It has been a subsidiary of Australian petroleum company Ampol since May 2022.
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Kiwi Property Group is one of New Zealand's largest NZX-listed property companies and the owner, and manager of a range of mixed-use, office, retail and build-to-rent assets including Sylvia Park, The Base, the Vero Centre and Resido.
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Steel & Tube Holdings Limited is a New Zealand-listed company that was established in 1953 with the merger of Stewarts & Lloyds of New Zealand, The Iron & Steel Company of New Zealand and McLean & Todd to form a steel company with a national reach.
Tilt Renewables Pty Ltd is an Australian electricity generation company. It was previously dual listed on the New Zealand stock exchange and Australian stock exchange. As of 2022, the Powering Australian Renewables has merged with Tilt Renewables following a complex acquisition and merger, making it the largest private developer and generator of renewable electricity in Australia.