IFM Investors and AustralianSuper Win Bidding for Ausgrid Lease
IFM Investors and AustralianSuper acquired a 50.4% ownership interest in a 99-year lease of Ausgrid, an electricity transmission and distribution business, for A$ 16.2 billion (US$ 12.4 billion). The seller was the New South Wales Government and will retain a 49.6% ownership interest in Ausgrid. Ausgrid powers around 1.7 million homes and businesses in New South Wales.
[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute