Infratil Delivers Independent Valuations for Renewable Energy Investments

MT Newswires Live

Aug 25

Infratil (ASX:IFT, NZE:IFT) delivered updated independent valuations as of June 30 for its key renewable energy investments, including Longroad Energy, Galileo, and Mint Renewables, according to a Tuesday filing with the Australian bourse.

The company's share of Longroad Energy is now valued higher at NZ$2.48 billion from NZ$2.39 billion in the March quarter, while Galileo recorded an uplift of NZ$266 million from NZ$257.1 million, the filing said.

Meanwhile, Mint Renewables saw an increase to NZ$51.8 million from NZ$44.8 in March, per the filing.

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