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Morrison & Co 'disappointed' with Perth Energy sale

Infratil expects $NZ33m loss on investment in Aussie energy supplier.

Reweti Kohere Thu, 08 Aug 2019

Infratil's manager Morrison & Co is "disappointed" to realise a $NZ33 million loss when it lets go of its 80% stake in Perth Energy to Australia’s AGL Energy at the end of September.

The NZX-listed infrastructure investor told the market today it expected to earn an estimated $A55m in cash

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Reweti Kohere Thu, 08 Aug 2019
Contact the Writer: reweti@nbr.co.nz
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Morrison & Co 'disappointed' with Perth Energy sale
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