A feasibility study for a port in Manukau is part of the government's $4.7bn infrastructure spend
Infratil's gearing is just 9.4% and it has about $1.67b of cash and bank facilities available.
Infratil invested in renewable energy, digital infrastructure and healthcare and the company also expanded geographically into Britain with Kao Data and Asia with Gurin Energy during its latest year.
Ministers are concerned about energy security and costs, so they're taking a more careful approach to removing gas from the system while they think about alternatives.
Infrastructure Editor
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articles by Oliver