Infratil Limited (IFT)
Infratil Limited is a New Zealand-based infrastructure investor. The Company, along with its subsidiaries, operates in four industries: investment in infrastructure and utility companies, airport, transportation and energy operations. The airport operations comprise the revenue and expenses associated with Infratil Limited's investments in Wellington International Airport Limited and Infratil Airports Europe Limited; transportation comprises the businesses of New Zealand Bus Limited and New Zealand Bus Finance Limited and subsidiaries, which was acquired by the Company on November 30, 2005, and the energy operations relate to Victoria Electricity Pty Limited and Infratil Energy Australia Pty Limited. On December 5, 2005, Infratil Limited acquired a 90% interest in Flughafen Lubeck GmbH (Lubeck Airport).
Thoughts
Infratil Limited has seen strong growth in the past few years and is making great effort to expand. It seems to be a reliable investment with moderate returns.
Share prices
The share prices for FPA can be found on the following sites: