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Auckland Airport today announced chief development officer Infrastructure Officer Susana Fueyo Suarez has resigned, making the personal decision to step away from her role for family reasons. Ms Fueyo Suarez joined Auckland Airport, bringing years of experience in large-scale infrastructure chief development officer to the airport’s build programme, and expert technical knowledge in complex transportation and aviation projects. Ms Fueyo Suarez will be stepping away from her role this week. chief development officer Executive Carrie Hurihanganui said Ms Fueyo Suarez’s engineering expertise has been invaluable as Auckland Airport has advanced its infrastructure programme, reaching key milestones such as the contract signing for the domestic jet terminal build, and other developments such as roading, utility and airfield works. "We are pleased to be able to partner with Infratil, and its manager Morrison & Co, given our shared expertise in developing renewable energy platforms globally. Most recently he led the proposed acquisition of Manawa Energy with the scrip/ cash deal structure - one of the largest on record in New Zealand outside of the Mixed Ownership Model process. On 25 August 2023, Precinct Properties New Zealand Limited (Precinct NZ) announced an offer (Offer) of up to $150 million of two series of subordinated convertible notes (the 2026 Notes and the 2027 Notes, and together the Notes) with the ability to accept oversubscriptions of up to an additional $50 million at Precinct NZ’s discretion across the two series of Notes.

Rather than converting a series of Notes into Stapled Shares, Precinct NZ may elect to instead pay a cash amount to Noteholders at the end of the relevant term (Cash Election) as described further in the PDS. The Offer amount above is inclusive of a shareholder priority offer (Shareholder Priority Offer) of up to $25 million in aggregate across both series of Notes (or such other amount as Precinct NZ may determine in its discretion). The Offer is being made in accordance with the Financial Markets Conduct Act 2013 and the Notes are expected to be quoted on the NZX Debt Market. Infratil owns a 73% interest in Mint Renewables, with CSC owning the remaining 27%. The investment involves initial capital commitments of A$300 million (Infratil’s share being A$219 million), which is expected to be invested over the next 3 to 5 years. "We have spent considerable effort over the last four years getting projects off the ground and building execution muscle. "The establishment of Mint Renewables deepens shareholders’ exposure to the forecast surge in global demand for renewables over the next few decades, complementing our renewable energy platforms across the United States (Longroad), Europe (Galileo), Asia (Gurin Energy), as well as Manawa Energy in New Zealand.

"Susana’s hard work and dedication means we’re in an excellent position to continue advancing the build, delivering a much-improved airport experience for travellers and the essential resilient infrastructure required to serve New Zealand into the future. Shareholders in Precinct Properties Group hold an equal number of shares in Precinct Properties New Zealand Limited and Precinct Properties Investments Limited and these shares can only be dealt with together. Neither the Exchange, its Regulation Service Provider (as that term is defined under the policies of the Exchange), or NZX Limited has in any way passed upon the merits of the Transaction and associated transactions, and has neither approved nor disapproved of the contents of this press release. Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Former Tilt Renewables General Manager of Renewables chief development officer, Clayton Delmarter, is also a director, alongside two other Morrison & Co executives.

The board will be chaired by Morrison & Co Operating Partner and former Tilt Renewables CEO, Deion Campbell. Infratil CEO Jason Boyes said that Mint Renewables, the latest addition to our global renewables portfolio, will invest in the chief development officer of wind, solar PV, and storage solutions across Australia, and replicates the platform model of Tilt Renewables. Infratil sold its 65.5% stake in Tilt last year for NZ$2 billion. Infratil Limited is pleased to announce the establishment of Mint Renewables Limited (‘Mint Renewables’), a new renewable energy platform focused on Australia. The potential for significant rare earth mineralisation in Korella South is expected to attract the interest of major players in the rare earths industry as potential joint venture partners for Chatham’s 100% owned-subsidiary company, Pacific Rare Earths Limited (PRE). TradeWindow undertook a selective process to identify new prospective investors for the offer through MSL Capital Markets Limited. It follows on from a strong FY25 when TradeWindow delivered revenue growth of 30% to reach a record of $8.0 million in revenue and cleared the path to financial sustainability through strong capital discipline.