Infratil considers sale of Perth Energy

By Gavin Evans
Oct. 23 (BusinessDesk) - Infratil has hired Gresham Partners to advise it on the potential sale of its controlling stake in Perth Energy.
The infrastructure investor says the strategic review now underway will consider any options – including sale – that will maximise value for stakeholders. It is expected to take six months.
The proposed sale is the latest as the Wellington-based investor looks to reduce the complexity of its portfolio and recycle capital out of peripheral assets into faster-growing sectors and geograph...
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