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Ownership shakeup at $2b Kiwi poles-and-wires owner Powerco

January 21, 2025 One Min Read


The $300 billion-plus Australian Retirement Trust is in advanced discussions to sell down a minority stake in New Zealand power lines company Powerco, in a deal slated to shake up the $2 billion energy distributor’s shareholder register.

Powerco is New Zealand’s largest electricity distributor by network length. 

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