Govt looks to put its Chorus investment on the block

Govt looks to put its Chorus investment on the block
Chorus says it will monitor the process. (Image: Supplied)
Rebecca Howard
The Government is exploring ways to free up what could be upwards of $700 million locked in its investment in Chorus, to redirect into capital projects.National Infrastructure Funding and Financing (NIFFCo) will investigate the feasibility of selling the debt and equity securities it holds in Chorus, said Finance Minister Nicola Willis and Infrastructure Minister Chris Bishop.According to the latest Statement of Performance Expectations from NIFFCo, it forecast its investments in Chorus Debt and Equity Securities would be $640m in the 2025...

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