AI Boosts Infratil Earnings in Data, Energy Sectors

• Infratil Ltd anticipates a significant earnings boost fueled by AI-driven growth in data centers and renewable energy, with a focus on sustainable infrastructure for future market demands.

Infratil Ltd, a New Zealand-based investor in data centers and renewable energy, expects a boost in full-year earnings due to the increasing use of artificial intelligence in those sectors. The company projects operating earnings to rise to between NZ$980 million and NZ$1.03 billion in the year through March 2025, up from NZ$908 million for the 2024 financial year, representing a gain of at least 8%. Infratil has 80% of its assets in companies such as One New Zealand and CDC, with a focus on building solar and battery systems in the US and Southeast Asia to meet the growing demand in both sectors driven by AI.

Chief Executive Officer Jason Boyes highlighted the importance of robust, scalable data centers powered by renewable energy as AI development accelerates. Infratil invested NZ$1.7 billion across its portfolio in the year through March and plans for capital expenditure of NZ$2.7 billion to NZ$3.1 billion in the current financial year, with a focus on high-value investments for shareholders. The company is particularly excited about investment opportunities within its existing portfolio, with projections including significant spending for CDC's data center construction projects in Australia and New Zealand.

Overall, Infratil is optimistic about the future growth potential in data centers and renewable energy sectors driven by the increasing use of AI, with a strong focus on sustainable and scalable infrastructure to meet the evolving demands of the market.

How is Infratil Ltd leveraging AI to boost earnings in renewable energy and data centers?

• Infratil Ltd is leveraging artificial intelligence to boost earnings in renewable energy and data centers by focusing on building solar and battery systems in the US and Southeast Asia to meet the growing demand in both sectors driven by AI.
• Chief Executive Officer Jason Boyes emphasized the importance of robust, scalable data centers powered by renewable energy as AI development accelerates.
• Infratil invested NZ$1.7 billion across its portfolio in the year through March and plans for capital expenditure of NZ$2.7 billion to NZ$3.1 billion in the current financial year, with a focus on high-value investments for shareholders.
• The company is particularly excited about investment opportunities within its existing portfolio, with projections including significant spending for CDC's data center construction projects in Australia and New Zealand.
• Infratil is optimistic about the future growth potential in data centers and renewable energy sectors driven by the increasing use of AI, with a strong focus on sustainable and scalable infrastructure to meet the evolving demands of the market.