Source: New Zealand Herald

By Liam Dann

An infrastructure fund launched yesterday offering New Zealanders the chance to own a stake in London's Thames Water will invest in other infrastructure projects and eventually float on the NZX.

Equity Partners Infrastructure Fund No 1 (Epic) is offering 96.7 million shares at $1 each and will use the cash to acquire a 1.22 per cent stake in Thames Water, which Macquarie Bank paid £8 billion ($21.6 billion) for in a takeover last year.

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Posted by pichu at May 3, 2007 10:09 AM