Z Energy
Profile
Z Energy is jointly 50/50 owned by Infratil and the Guardians of the New Zealand Superannuation. On 11 May 2011 Greenstone was renamed Z Energy.
Greenstone Energy was formed in April 2010 with the purchase the assets of Shell's NZ downstream fuel operations and interest in the NZ Refining Company. The business encompasses:
- A 17% stake in the New Zealand Refining Company
- the pipeline which links the Marsden Point Oil Refinery to Auckland
- coastal shipping
- port and other regional infrastructure
- more than 220 service stations and nearly 100 truck stops
- a marine re-fuelling business
- operations at Christchurch and Auckland airports
For further information about the 2010 acquisiton please read the Infratil Update March 2010 1.2MB
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