Where Our Money Comes From
TECT’s total asset base is around $850M and there are two main investment sources:
TECT is a 26.8% shareholder in Trustpower. Trustpower has around 315 million shares on issue and have two cornerstone shareholders, Infratil Limited (51%) and TECT (26.8%), plus over 12,000 small parcel shareholders. The value of the TECT’s Trustpower shareholding is approximately $500M. For more information on the Trustpower investment click HERE.
TECT holds a portfolio of investments with the aim of diversifying the asset base of the TECT Group. Currently TECT has approximately $360M funds invested through this diversified portfolio. For more information on the investment approach click HERE.