Power Group Online Article |  | |
6 September 2006 -- Alliant Energy Corp. has commenced a process to sell its interest in Alliant Energy New Zealand Limited (AENZ). AENZ, an indirectly wholly owned subsidiary of Alliant Energy Corp., holds interests in two publicly traded New Zealand companies.
Alliant, a Madison, Wisconsin-based US energy provider, said that an international presence was no longer consistent with the company's long-term business strategy.
AENZ owns a 23.77 percent interest in TrustPower Limited, (TrustPower) New Zealand's fourth largest electricity retailer, and a 5.07 percent interest in Infratil Limited, an investor in infrastructure and utility assets.
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