Home / Business / Companies / EnergyUpdatedJamie GrayBusiness Reporter·NZ Herald·19 May, 2026 10:19 PM2 mins to read‌Infratil chief executive Jason Boyes discusses CDC data centre expansion Video / Herald NOW BusinessInfratil says it has agreed to sell 53.53 million shares – representing a 5% stake – in Contact Energy through a fully underwritten block trade.The sale is at $9.25 per ordinary share, generating expected gross proceeds of about $495.17 million, and taking Infratil’s shareholding down to 9.08%.

The sell-down

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