![Infratil is becoming more like a listed private equity firm: Forsyth Barr](https://media.businessdesk.co.nz/file/c_fill,h_393,w_700,q_100/Longroad.webp)
Infratil is becoming more like a listed private equity firm: Forsyth Barr
The Forsyth Barr analysts note Infratil's only investment in a listed company now is its 51% stake in Trustpower.
![Infratil has plans for its more than $2b war chest](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/Jason-Boyes2.webp)
Infratil has plans for its more than $2b war chest
Infratil is allowing investors to reinvest their dividends, even though it already has an embarrassment of riches and says it won't be returning capital to shareholders.
![Fonterra's plan will leave farmers with stranded assets](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/turkey.webp)
Jenny Ruth: Fonterra's plan will leave farmers with stranded assets
Fonterra's plan to grapple with a problem it sees coming that would leave it with stranded assets will instead saddle its farmer shareholders with stranded assets.
![Infratil posts record first-half profit on Tilt sale](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/Jason-Boyes-small-H.webp)
Infratil posts record first-half profit on Tilt sale
Infratil's operating earnings rose 17.4% to $269.4m but the company downgraded its full-year guidance to between $500 million and $530m.