AMP Capitals to buy 40% stake in Wiri prison from InfraRed Capital Partners
AMP Capitals has agreed on terms to buy a 40 percent equity stake in the Auckland South Corrections Facility in New Zealand from InfraRed Capital Partners. AMP Capital will take the stake from UK infrastructure fund manager InfraRed Capital Partners, subject to regulatory approval, and will make the investment via its Community Infrastructure Fund.
Wiri prison project includes design, finance, build, operate and maintain the government's 960-bed prison in South Auckland. The concession period for the project is 25 years.
Country updates
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August 01, 2019
Infratil completes acquisition of Vodafone in New Zealand
A consortium comprising Infratil Limited and Brookfield Asset Management Inc. has completed the execution of a conditional agreement to acquire Vodafone New Zealand Limited (Vodafone NZ) from Vod...
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July 17, 2019
Infratil executed conditional agreement to acquire Vodafone New Zealand Limited
Infratil announced that Brookfield Asset Management Inc. and it had executed a conditional agreement to acquire Vodafone New Zealand Limited from Vodafone Group Plc for an enterprise value of NZD 3.4...
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July 17, 2019
University of Canterbury (UC) launches ROI for Ilam Boiler House upgrade
The University of Canterbury (UC) has launched a Registration of Interest (ROI) tender for the development of the new Biomass Waste wood-fueled boiler plant to be installed in the exist...
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July 03, 2019
Assured Guaranty announces co-operation agreement with DTW Capital
Assured Guaranty Ltd. announced that its financial guarantor subsidiaries Assured Guaranty Municipal Corp. (AGM) and Assured Guaranty (Europe) plc have entered into an exclusive Co-Operation Agreement...
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June 04, 2019
Infratil announces conditional agreement to acquire 50% of Vodafone New Zealand Limited
Infratil announced a conditional agreement to acquire 50% of Vodafone New Zealand Limited (Vodafone NZ) from Vodafone Group Plc for an enterprise value of NZD3.4 billion (US$ 2.23 billion). ...
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