Infratil reports US$133m drop in Longroad investment value

Infratil has a 37% share in renewables company Longroad. (Image: Supplied)

Fri, 07 Mar 2025

Some Infratil investments fluctuated in value in the second part of 2024, including one shareholding in a renewables business that declined US$133 million (NZ$232.2m) in three months.In a statement to the New Zealand Exchange (NZX) on Friday, Infratil said its Longroad, Galileo and Qscan investments underwent independent valuations as of Dec 31.Longroad fallsIts investment in Longroad, a US renewable energy company focused on wind, solar, and battery storage projects, declined US$133m over three months, reducing Infratil's 37% share to US$1...

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