Infratil's post-Tilt head-scratcher: How to invest $2b

A Tilt solar farm near Snowtown, in South Australia.

Tue, 16 Mar 2021

Infratil has achieved a stellar exit from its investment in Tilt Renewables but faces a much bigger challenge choosing where to reinvest the proceeds.The infrastructure investor has an impressive track record, bringing shareholders a compound after tax return of 18.9% a year since 1994. These returns were a factor in many Infratil shareholders resisting AustraliaSuper’s takeover offer despite it being above market value. Several investors told BusinessDesk that while the takeover would put some cash in their hands, they’d have...

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