Infratil sells Perth Energy to AGL

NEW Zealand infrastructure group Infratil is set to sell Perth Energy to AGL at a loss of NZ$33 million (A$31 million).

Infratil sells Perth Energy to AGL Infratil sells Perth Energy to AGL Infratil sells Perth Energy to AGL Infratil sells Perth Energy to AGL Infratil sells Perth Energy to AGL

Company sold for A$55 million

AGL Energy will buy Perth Energy from Infratil, which owns an 80% shareholding in the company, for approximately A$55 million with potential further proceeds of A$14.