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Longroad deal ‘dramatic’, ‘significant’ for Infratil

Analysts bullish on outlook after capital raise for US energy unit.

Longroad’s Prospero solar development in Texas.

Tim Hunter Tue, 02 Aug 2022

Analysts at Jarden and Forsyth Barr have upgraded their targets for Infratil after the listed infrastructure investor announced a huge upwards revaluation of its Longroad renewable energy affiliate in the US.

Jarden analyst Nevill Gluyas raised his 12-month target price on Infratil to $9.70 from

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Tim Hunter Tue, 02 Aug 2022
Contact the Writer: thunter@nbr.co.nz
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Longroad deal ‘dramatic’, ‘significant’ for Infratil
Investment,
95104
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