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General Business
2 mins to read

Gisborne lines network sold for $260m

Asset acquired by Taranaki-based First Gas.

Eastland Network provides electricity distribution in Tairāwhiti and Wairoa.

NBR Staff Tue, 22 Nov 2022

Gisborne-based lines company Eastland Network has been sold to an arm of infrastructure investor First Sentier for $260 million, conditional on Overseas Investment Office approval.

The network’s community trust owner Trust Tairāwhiti, through its holding company Eastland Group, put the asset up

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NBR Staff Tue, 22 Nov 2022
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Gisborne lines network sold for $260m
General Business,
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