Infratil has $800m to play with

Infratil chief executive Jason Boyes says its portfolio is heavily weighted towards high-growth digital infrastructure and renewable energy businesses. (Image: NZME)

Rebecca Stevenson

Tue, 21 May 2024

Infrastructure investor Infratil says it has $820 million to play with and fund growth. The New Zealand Exchange-listed (NZX) firm reported its full year result for the year to March 31 on Tuesday and said earnings before interest, taxes, depreciation, amortisation and financial instruments (ebitdaf) rose 63% to $864.1m compared to the same period in the previous year. Infratil said its net parent surplus from continuing operations was $854.0m, up from $643.1m in the prior year. Infratil’s ebidtaf was dominated by digital assets...

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