In the early 1990s Morrison & Co narrowed its focus to infrastructure investment and advisory services as major privatisations took place in Australia and New Zealand.
After launching Infratil in 1994, Morrison became an increasingly active investor and adviser in privatisations of Australasian airports, ports and energy businesses.
During the following three years, Morrison expanded its presence outside New Zealand and Australia into Asia, Europe, UK and North America.
[2] Infratil's major investments include Manawa Energy, Wellington Airport, one.nz, RetireAustralia and CDC Data Centres.
UTA has a globally diversified portfolio of quality assets and a track record of delivering strong returns with low volatility over time.
[8] This includes Australian Registry Investments,[9] Perth Airport,[10] TransGrid, Phoenix Natural Gas,[11] South East Water.
MGIF takes a long-term perspective of investments, focusing on the fundamental value of essential infrastructure services, and targets gross returns of 13-15% per annum.
This means, where possible, its business will eliminate carbon emissions altogether, or alternatively, they will be offset through programmes that work with local communities.
[23] This effort was in part motivated by forecasts showing New Zealand's current economic growth trajectory would see its GDP per capita ranking among countries falling to 47th.