close
MENU
General Business
2 mins to read

Gisborne lines network sold for $260m

Asset acquired by Taranaki-based First Gas.

Eastland Network provides electricity distribution in Tairāwhiti and Wairoa.

NBR Staff Tue, 22 Nov 2022

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

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
NBR Staff Tue, 22 Nov 2022
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Gisborne lines network sold for $260m
General Business,
96712
true