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The latest update is out from Infratil Limited ( (IFUUF) ).
Infratil Limited hosted an Investor Day in Sydney, emphasizing its growth strategy in the digital and renewable energy sectors while simplifying its portfolio. The company plans to prioritize investments that enhance long-term shareholder value and is targeting a market cap of NZ$20 billion over the next five years. A strategic review of its Australian medical imaging business Qscan was announced, following the sale of its stake in RetireAustralia. Proceeds from divestments will be reinvested into growth opportunities like CDC and Gurīn Energy’s Project Vanda. CDC has secured 100MW of new contracted capacity, indicating strong demand in the Australasian data centre market, particularly from hyperscale and AI customers.
More about Infratil Limited
Infratil Limited is a company involved in the digital and renewable energy sectors, with a significant portion of its investment portfolio in Australia. The company is part of the S&P/ASX 200 index and is actively working to expand its Australian shareholder base.
Find detailed analytics on IFUUF stock on TipRanks’ Stock Analysis page.