Brief: Channel Infrastructure NZ Will Continue To Pursue Opportunities At Marsden Point

Channel Infrastructure NZ

18/10/2023 20:35

Oct 19 (Reuters) - Channel Infrastructure NZ Ltd
 CHI.NZ :
    * ANNOUNCED A NEW STORAGE CONTRACT; NZ$9 MILLION OF
ADDITIONAL
REVENUE ACROSS 10 YEARS FROM 2024
    * WELL POSITIONED WITH STRONG AND STABLE CASH FLOWS
    * WILL CONTINUE TO PURSUE OPPORTUNITIES AT MARSDEN POINT
    * WILL INVEST TO SUPPORT LONG-TERM RESILIENCE OF OUR
INFRASTRUCTURE
    * DEVELOPING A PROPOSAL TO SUPPORT GOVERNMENT WITH RESPECT
TO ITS
STRATEGIC DIESEL STORAGE OBJECTIVES
    * RECONFIRMED ITS FY23 GUIDANCE
    * HAS AN AMBITION TO UNLOCK OPPORTUNITIES BEYOND MARSDEN
POINT
    * CONFIRMED IT IS CONSIDERING A RETAIL SENIOR BOND TO
REPLACE
LISTED SUBORDINATED NOTES
    * SEES 2024 WILL BE LARGELY SCOPE 1 AND 2 EMISSIONS-FREE

Further company coverage:  CHI.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))