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Channel Infrastructure announces $50m capital raise

Investment required to build facilities for customers including bitumen importer Higgins Contractors, a subsidiary of Fletcher Building.

The former refinery now import terminal at Marsden Point near Whangarei.

NBR Staff Mon, 25 Nov 2024

Fuel terminal operator Channel Infrastructure has announced a $50 million capital raise to fund a range of investments including a new bitumen import facility for Fletcher Building subsidiary Higgins Contractors.

In a statement to the NZX, the company said the 1 for 12.12 pro rata share offer would

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NBR Staff Mon, 25 Nov 2024
Contact the Writer: editor@nbr.co.nz
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Channel Infrastructure announces $50m capital raise
Investment,
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