Quote Originally Posted by huxley View Post
So what are we thinking they’ll do with the incoming TLT funds? Lots of potential to invest into existing businesses but they also have a history of returning some funds via a special dividend when they exit a business.. maybe some kind of balance between the two
There may be a small special dividend but I'd expect Infratil to find plenty of attractive uses for the capital. Don't forget there may be additional proceeds for Trustpower retail upcoming too. So we're talking about around up to $2.5bn of capital to deploy. The public info Infratil publish is normally a big clue on where they're headed. So in addition to the existing portfolio of renewable energy, data, aged care, and airports they are very open on the potential for healthcare, water, and waste and recycling.