Gisborne lines network sold for $260m
Asset acquired by Taranaki-based First Gas.
Eastland Network provides electricity distribution in Tairāwhiti and Wairoa.
Gisborne-based lines company Eastland Network has been sold to an arm of infrastructure investor First Sentier for $260 million, conditional on Overseas Investment Office approval.
The network’s community trust owner Trust Tairāwhiti, through its holding company Eastland Group, put the asset up
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