IFT 0.40% $9.88 infratil limited.

Ann: Strategic review of shareholding in Tilt Renewables, page-2

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    Infratil will undertake a strategic review of its 65 per cent stake in Tilt Renewables after receiving third party enquiries about the wind farm operator.

    Infratil said given the strong demand for renewable assets, it considers it "prudent" to assess alternatives for its Tilt shareholding, including its possible sale.

    Following construction of the Waipipi wind farm, Tilt will have 343 operating turbines across nine wind farms in Australia and New Zealand.

    The strategic review will be completed in six months.
 
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