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Infratil Boosts Contact Energy Stake with $438M Deal
7:38am on Monday 20th of October, 2025 AEDT
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Energy
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Infratil Boosts Contact Energy Stake with $438M Deal
7:38am on Monday 20th of October, 2025 AEDT
Key Points
Acquisition of 4.92% stake in Contact Energy from TECT Holdings
Transaction valued at NZ$437.7 million, split evenly between debt and new shares
Infratil's ownership in Contact rises to 14.3% post-merger with Manawa Energy
Deal aligns with Infratil’s strategy to invest in high-quality infrastructure assets
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