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Channel Infrastructure to dual list on ASX

December 10, 2025 at 10:29 PM UTCBy FilingReader AI

Channel Infrastructure NZ Limited announced its dual listing on the Australian Securities Exchange (ASX), effective Friday, December 19, 2025, under the ticker ASX:CHI. This move is expected to broaden the company's investor pool, attracting both institutional and retail shareholders, while its primary listing will remain on the New Zealand Stock Exchange (NZX).

Channel Infrastructure is New Zealand's leading fuel import terminal business, managing the storage and distribution of 40% of the nation's transport fuel, including 80% of its jet fuel. The company operates a deep-water harbour and jetty at Marsden Point, storing over 290 million litres in contracted tanks and distributing fuel via a 170-kilometre pipeline to Auckland and by truck to Northland.

The company's growth strategy includes enhancing fuel resilience in New Zealand through additional storage, exploring opportunities in lower-carbon future fuels, and expanding beyond Marsden Point. Channel Infrastructure also holds a 25% stake in the Somerton jet fuel pipeline to Melbourne Airport and provides fuel quality testing services through its subsidiary, Independent Petroleum Laboratory Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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