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NZ Refining launches $43.5m capital raise

Capital to grow storage capacity after ceasing oil refining at Marsden Pt.

NZ Refining has launched a $43.5 million capital raise to fund additional storage capacity following its final decision last week to convert Marsden Pt oil refinery to an import terminal.

The NZX-listed company, which is being renamed Channel Infrastructure from next April, went into a trading

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Hamish McNicol Mon, 29 Nov 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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NZ Refining launches $43.5m capital raise
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