Infratil Sees Earnings Boost as AI Fuels Demand for Data, Energy
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Infratil Ltd, a New Zealand-based investor in data centers and renewable energy, expects increasing use of artificial intelligence in those sectors to boost full-year earnings.
Operating earnings will rise to between NZ$980 million ($598 million) and NZ$1.03 billion in the year through March 2025, the company said Tuesday in Wellington. That’s up from NZ$908 million for the 2024 financial year reported today, a gain of at least 8%.