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Topic: Infratil


  
  Feasibility Analysis | Future Use of Whenuapai Airbase: Desirability and Feasibility - Background Paper | Background ...
Infratil estimates that approximately 140 hectares would be required for the operation of the airport and a further 75 hectares for commercial aeronautical activity.
Infratil has stated that it would be willing to underwrite the Council should the Airbase need to be purchased though they have also given the impression that they believe the cost would be fairly low given the lack of alternative uses for the site and potential remediation costs should Whenuapai not become an airport.
Moreover, given the willingness of Infratil to invest in at least testing the commercial feasibility of an airport at Whenuapai, initially through the RMA process and then through a period of joint use, we do not feel we are in a position to reject the assumptions of the business case.
www.med.govt.nz /templates/MultipageDocumentPage____1837.aspx   (4641 words)

  
 Infratil - Wikipedia, the free encyclopedia
Infratil was founded by Lloyd Morrison, a Wellington-based merchant banker.
Morrison's company, H. Morrison and Co, is responsible for Infratil's management and administration — Infratil does not have staff of its own.
Infratil is also attempting to develop new commercial airports at Whenuapai (in New Zealand) and Finow (in Germany).
en.wikipedia.org /wiki/Infratil   (136 words)

  
 INFRATIL
Infratil considers that air freight growth will continue to outperform GDP growth.
Infratil has a long term view on KIA and is prepared to absorb operating losses for 3 to 4 years.
Infratil's immediate focus will be on re-opening KIA to freight traffic.
www.m-a-g.fsnet.co.uk /infratil/faq.htm   (1798 words)

  
 Sunday News: New Zealand, world & sport news: Infratil joins Vector row - shares climb
Infratil's energy investments are not regulated by the Commerce Commission, the company says in a move to stem the fall in its share price.
Infratil said its shares were being swept along in the market's dismay over the commission's announcement.
Infratil said the commission's view that a fair rate of return for a monopoly electricity lines business was 7.35 per cent after tax was not shared by most in the energy sector.
www.stuff.co.nz /stuff/sundaynews/0,2106,3766940a15619,00.html   (436 words)

  
 Infratil Australia Limited – In the Matter of Infratil Australia Limited
Infratil sought a declaration under section 657A that unacceptable circumstances existed in relation to the bid, because of deficiencies in the disclosure in the bidder's statement concerning the merits of investing in the stapled securities, AIF's intentions, historical information about AIF and financial projections for the merged entity.
Infratil sought a declaration that the omission of certain information from the amended bidder's statement constituted unacceptable circumstances in relation to the affairs of Infratil and an order that the statement be amended by the inclusion of that information.
Infratil put it to us that paragraph 602(b)(iii) requires all of the information for a decision whether to accept to be actively given by the bidder to the offerees, by including the information in its bidder's statement.
www.takeovers.gov.au /display.asp?ContentID=25   (5690 words)

  
 RedOrbit - Technology - Infratil Pays m for Kent Airport
Infratil's plans to buy and develop Luebeck Airport near Hamburg, Germany, for $77 million are on hold after a court ruling prevented development work.
Infratil chairman David Newman said GBP 9 million in capital expenditure would be needed during the next three years to return the airport to profit.
Infratil Airports Europe chief executive Steven Fitzgerald said it would take "some time" to bring Kent to profitability, but he was confident of attracting freight and passenger operators.
www.redorbit.com /news/display?id=222158&source=r_technology   (330 words)

  
 Takeovers Panel
Infratil is exempted from rules 15(b)(ii) and (iii) and 16(b)(ii) and (iii) of the Code in respect of the notice of meeting.
At a special meeting of shareholders to be held on or about 24 March 2004, Infratil proposes to ask shareholders to approve the allotment of shares to Utilico and UBS Securities pursuant to the exercise of the Infratil warrants and the acquisition of Infratil shares by Utilico under the UBS option agreements.
After the exercise of the Infratil warrants and options under the UBS option agreements as detailed above, a share buyback in which any of Utilico and its associates do not participate on a pro rata basis could result in an increase in their control percentage in Infratil.
www.takeovers.govt.nz /exemptions/en-infratil.htm   (2225 words)

  
 EQUITY - Share Broking New Issues   (Site not responding. Last check: 2007-10-26)
Infratil, an NZX listed company, is a specialist investor in infrastructure assets including airports in New Zealand and Europe, waste to energy, port, and utility investments.
Infratil's bond offers have been very popular in the past due and are seen as good quality relative to other NZ corporate offers.
For socially responsible investors, Infratil may fit in with their investment plan as renewable energy is a large part of Infratil's focus.
www.equity.co.nz /scripts/sbissuedetails.asp?DB_ISSUE_ID=14   (402 words)

  
 National Business Review (NBR) - Business, News, Arts, Media, Share Market & More
The deal is subject to considerable caveats following Infratil's last acquisition attempt, which was scotched by an adverse court ruling in July that stopped the completion of Luebeck Airport's project to extend its runway from 1,802 to 2,326 meters, expand the main taxiway and upgrade its instrument landing system.
Should Infratil be entitled to exercise the put option, but decline to do so, the City may call for the 90 per cent shareholding to be transferred back to it at the same option price.
Infratil retains an option to acquire the remaining 10 per cent shareholding after 31 March 2009, with the price based off the current financial performance.
nbr.co.nz /home/column_article.asp?id=13272&cid=4&cname=Business+Today   (452 words)

  
 Infratil, airports, ports, electricity, infrastructure
Infratil Limited is a specialist investor in infrastructure and utility assets.
Infratil is a long term investor and is an active, added-value shareholder in assets or companies it invests in.
Infratil is managed by HRL Morrison & Co Limited ("Morrison & Co"), which both identifies and evaluates investment opportunities on Infratil's behalf and then manages those investments to realise their potential.
www.infratil.com /default.htm   (108 words)

  
 Infratil Australia Limited – In the Matter of Infratil Australia Limited
Infratil, through its solicitors, asked for certain changes to the statement, and for additional material to be included.
Infratil has applied for a declaration under section 657A that unacceptable circumstances exist in relation to the bidder's statement and for orders designed to remedy those circumstances.
The changes to the bidder's statement were the result of negotiations between solicitors for AIF and for Infratil, they were not extensive, and, while they were important, they did not raise difficult new issues for Infratil's consideration.
www.takeovers.gov.au /display.asp?ContentID=24   (1896 words)

  
 New Zealand fund invests in Australian Technology - Juniper Consultancy Services Ltd   (Site not responding. Last check: 2007-10-26)
Infratil Limited has investments in a number of energy and other infrastructure assets including TrustPower, a major New Zealand electricity generator and retailer.
As a result of the transaction, NRG's two nominated directors on the EDL board will be replaced by one other director nominated each by Infratil and Orion under the terms of their shareholder agreements with the company.
As a result, Infratil has stated in its press release that it has "developed confidence that EDL has the ability to overcome the remaining challenges and that it will in time, be able to capture a profitable share of this market place."
www.juniper.co.uk /whats_new/EDL25.7.3.html   (652 words)

  
 Infratil reaches modified purchase agreement for Lubeck Airport. | Business
Infratil, an infrastructure investor, has entered into a modified agreement to acquire 90% of the Flughafen Lubeck Airport, Germany.
For the early agreement Infratil had agreed to pay EUR13,000 and invest EUR60m in an airport upgrade, but this agreement failed when the regulatory approval for a runway extension was not given.
The terms of the new agreement state that Infratil will pay a second instalment of EUR13m in 2008 if passenger numbers reach 1.2m and the airport receives approval for a revised planning approval application.
www.allbusiness.com /periodicals/article/584462-1.html   (551 words)

  
 RedOrbit - Technology - Air NZ Clashes With Infratil on Seat Tally
AIR NEW ZEALAND and Wellington International Airport owner Infratil have engaged in a war of words over a smaller number of passenger seats flying from the airport.
Infratil said capacity in June fell 1 per cent on the same time last year, passenger numbers rising just 1 per cent.
But Air New Zealand said Infratil had been selective in its use of information, failing to take into account 243 flights cancelled due to fog at the airport during the quarter.
www.redorbit.com /news/display?id=184568&source=r_technology   (238 words)

  
 Infratil says Kent Airport integration in line with plans : UK Airport News Stories
Infrastructure and airports investor Infratil said today that the integration of Kent International Airport is proceeding 'broadly in line' with plans, and freight aircraft have returned to the airport more quickly than anticipated.
New Zealand-based Infratil said in a statement that Kent airport in southern England, which it bought in August from administrators for £17 million, has shown encouraging early signs.
The spokesman added that early military and general aviation movements at the airport were also 'encouraging.' Infratil has previously said Kent Airport may take up to four years to post an operating profit.
www.uk-airport-news.info /kent-airport-news-121005.htm   (233 words)

  
 Infratil seeks carbon tax - theage.com.au
Infratil has a controlling stake in electricity company TrustPower, which generates and retails electricity and has wind power and hydro power schemes under consideration.
Infratil electricity specialist Bruce Harker said that without the carbon tax, new wind and hydro power could not compete with coal-fired generation.
Infratil estimated wind power was commercially viable at an average wholesale electricity price of seven cents a kilowatt hour, and new hydro schemes viable at more than 6.5 cents per KWh.
www.theage.com.au /articles/2003/09/15/1063624980464.html   (323 words)

  
 BBC NEWS | England | Kent | Support for Kent airport buyout
Thanet South MP Stephen Ladyman has already asked to meet Infratil bosses, while council leaders have given their backing to the new owners.
Infratil chairman David Newman said: "We believe it has strong prospects as a freight airport servicing the south of England.
Infratil's Europe chief executive Steven Fitzgerald said the first services to be reinstated would be freight while passenger operations would take longer.
news.bbc.co.uk /1/hi/england/kent/4183022.stm   (453 words)

  
 Announcement - Direct Broking Limited   (Site not responding. Last check: 2007-10-26)
Infratil has accused Air New Zealand of not increasing capacity from regional
Infratil's comments were selective and failed to mention obvious factors that
Infratil's comments around competition are baseless and display a lack of
directbroking.co.nz /directtrade/dynamic/announcement.aspx?id=1072687   (473 words)

  
 Exemption Summaries: Exemptions Granted in 2000 | Securities Commission
Powerco, Alliant and Infratil are exempted from section 37 of the Act in respect of an offer of Powerco shares held by Alliant and Infratil.
Alliant and Infratil are exempted from section 54B(1) of the Act to the extent that it requires the disclosure of information specified by regulation 23A(a) to (d), (g), and (h) of the Regulations.
Powerco, Alliant and Infratil are exempted from regulation 7A(1) of the Regulations to the extent that it requires an investment statement relating to the shares to contain information about Alliant and Infratil.
www.sec-com.govt.nz /notices/summaries/2000/sr00-214.shtml   (587 words)

  
 National Business Review (NBR) - Business, News, Arts, Media, Share Market & More
Infratil will take an 11 per cent stakeholding for $US6.14 million ($9 million NZD), in Austral Pacific Energy Limited as part of a $US10 million fund raising effort by Austral.
Infratil will also receive 1.228 million unlisted warrants as part of this placement.
Austral represents a new direction for Infratil, which has not before invested in the upstream New Zealand oil and gas sector.
nbr.co.nz /home/column_article.asp?id=13022&cid=4&cname=Business+Today   (309 words)

  
 Glasgow Prestwick Airport
Infratil Limited ("Infratil") advises that it has entered into a conditional agreement with the City of Lübeck to acquire 90% of Flughafen Lübeck GmbH ("Lübeck Airport").
Should Infratil be entitled to exercise the put option, but decline to do so, the City may call for the 90% shareholding to be transferred back to it at the same option price.
Infratil is managed by HRL Morrison and Co Limited ("Morrison and Co"), which both identifies and evaluates investment opportunities on Infratil's behalf and then manages those investments to realise their potential.
www.gpia.co.uk /general/newsItem.asp?NewsItemID=198   (1663 words)

  
 NZ's Infratil To Buy Lubeck Airport Stake
New Zealand utilities investor Infratil said on Friday it had signed a conditional agreement to buy 90 percent of Lubeck Airport in Germany.
Infratil, which owns Glasgow Prestwick Airport and two-thirds of Wellington International Airport, will pay EUR13 million (USD$16.7 million) for the stake.
The conditional agreement allows the acquisition of the remaining 10 percent of the airport using a predefined price formula from March 31, 2009 onwards, it said.
news.airwise.com /story/view/1113538821.html   (177 words)

  
 Notable year for Infrastructure investment company Infratil following acquisition of Stagecoach NZ
In the year to December, Infratil acquired transport company Stagecoach New Zealand, and broadened its European airport operation with the addition of Kent and Luebeck airports to Glasgow Prestwick.
Infratil has assumed further debt as a result of this year's investments, which is a mixture of Bond and bank funding.
Infratil expects its core mature investments to continue to perform well and the company says considerable effort will be made to build activity and value at the new investments.
www.tmcnet.com /usubmit/2006/02/07/1351401.htm   (603 words)

  
 Luchtzak Aviation - Infratil Airports Europe clinches deal with Wizz Air at Lübeck
Infratil Airports Europe and Wizz Air, Central and Eastern Europe's largest low-fare, low-cost airline, announced today (28 November 2005) new flights from Lübeck in Germany to Gdansk in Poland.
Following the announcement of the conditional agreement with the City of Lübeck to purchase 90% of the airport on 24 October 2005, Infratil entered into negotiations with Wizz Air regarding Lübeck Airport.
"While Infratil plans to continue with the revised planning application for the runway extension, we believe that the airport has great potential to develop further in the mean time."
www.luchtzak.be /article10631.html   (625 words)

  
 ShareTrader - IFT Infratil   (Site not responding. Last check: 2007-10-26)
Posted - 31/03/2003 : 2:26:56 PM Infratil shares (IFT) and warrants (IFTWA) are both up quite a step today, presumably on the assumption that Air New Zealand will be made to cough up their outstanding landing dues.
Infratil has today entered into a Memorandum of Understanding with
Infratil and the City are keen to work with the Government to ensure
www.sharetrader.co.nz /topic.asp?TOPIC_ID=18019   (1393 words)

  
 Stagecoach sells New Zealand business to Infratil
said it is selling its New Zealand operations to Infratil Ltd for NZ$250.5 million in cash.
In the U.K., the company operates about 7,000 buses, has two wholly-owned UK rail franchises - South West Trains and Island Line - and has a 49 per cent shareholding in Virgin Rail Group, which runs the West Coast and CrossCountry franchises.
Infratil is a New Zealand Stock Exchange listed investment company specialising in infrastructure and utility assets.
www.abcmoney.co.uk /news/2220051390.htm   (213 words)

  
 Infratil-Waitakere City Community Awards   (Site not responding. Last check: 2007-10-26)
Volunteers are at the heart of our community - dedicating a tremendous amount of time and energy to help make it a better place in which to live.
Infratil and Waitakere City understand that, which is why we honour and reward volunteers through our Community Awards programme.
The Infratil-Waitakere City Community Awards are open to all voluntary groups and not-for-profit organisations - from health support groups to school PTAs to sports and service clubs.
www.waitakere.govt.nz /WhaHap/itc/infratil.asp   (643 words)

  
 Kent International Airport - Fuelled by Infratil
Infratil Airports Europe, the new owners of Kent International Airport are delighted to announce that passenger services are returning to Kent International!
With a strong reputation among holidaymakers and travel agents alike, Seguro Holidays currently fly thousands of sun seekers out of Infratil's Scottish airport, Glasgow Prestwick each year, making it the airport’s largest tour operator with a high volume of repeat customers.
Kent Escapes are offering all their Kent customers a special introductory discount of 10% on all bookings.
www.kentinternationalairport-manston.com /news-Seguro.asp   (503 words)

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