Trustpower: Approval of TECT Restructure
Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 www.infratil.com
16 December 2021
Trustpower: Approval of Tauranga Energy Consumer Trust restructure
Trustpower Limited (Trustpower), in which Infratil is a 51% shareholder, today announced that
the High Court had approved the Tauranga Energy Consumer Trust (TECT) restructure.
Trustpower has advised that, pending any notice of appeal of that decision, the sale of its retail
business is intended to occur in the first quarter of 2022.
A copy of the Trustpower release is attached.
Any enquiries should be directed to:
Mark Flesher, Investor Relations, Infratil Limited
mark.flesher@infratil.com
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16 December 2021
High Court approves Tauranga Energy Consumer Trust (TECT) restructure
Trustpower welcomes the decision today from the High Court, ruling in favour of the TECT
restructure.
The appeal period for the decision expires in early February 2022.
Settlement of the sale of the retail business is, pending any notice of appeal, intended to occur in the
first quarter of 2022.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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