Top Opportunities in December 2025Last updated: 12 December 2025

Infrastructure Investment Opportunities in New Zealand

Access essential infrastructure investments in NZ utilities, transport, social infrastructure, and renewable energy targeting 8-14% p.a.

Opportunities
3
Avg Return
14.0%
From
$100K
Up to
25%
AIP Eligible
3

Compare Top Opportunities

#1
Pacific Channel logo

Pacific Channel Fund V (Renewable Energy)

by Pacific Channel

InvestingAIP Eligible

Nationally significant renewable energy

Target Return
15-25%
Minimum
$100K
Term
5-7 years
Risk
High
#2
Pacific Channel logo

Pacific Channel Fund III

by Pacific Channel

InvestingAIP Eligible

Largest deep-tech VC in NZ

Target Return
20%
Minimum
$100K
Term
10+ years
Risk
High
#3
Fidelity Capital Partners logo

Fidelity Capital Sustainable Energy Fund

by Fidelity Capital Partners

OpenAIP Eligible

BBB equivalent credit supporting clean energy

Target Return
7-9%
Minimum
$100K
Term
3 years minimum
Risk
Low

About This Category

Infrastructure investments in New Zealand provide wholesale investors with exposure to essential assets including utilities (water, wastewater, electricity distribution), transport (toll roads, ports, airports), social infrastructure (healthcare facilities, aged care, student accommodation), and renewable energy (solar, wind, hydro). Infrastructure offers stable, inflation-protected cash flows from long-term contracts and regulated revenues.

NZ infrastructure investments span brownfield assets (operational, cash-flowing) and greenfield developments (construction phase, higher risk/return). Structures include direct asset ownership, infrastructure funds (diversified portfolios), project finance (single asset SPVs), and listed infrastructure securities. Many opportunities arise from government PPPs (public-private partnerships) for schools, hospitals, water infrastructure, and transport.

Target returns vary by risk profile: Operational brownfield infrastructure targets 8-11% p.a. (5-7% income yield plus modest capital growth), greenfield development targets 12-16% IRR, renewable energy projects target 9-13% p.a., and social infrastructure (schools, healthcare) targets 8-12% p.a. Infrastructure provides inflation protection through CPI-linked contracts and essential service pricing power.

Frequently Asked Questions

What returns do infrastructure investments offer?

Infrastructure returns vary by asset type and risk profile: Operational utilities/regulated assets: 8-10% p.a., Transport infrastructure: 9-12% p.a., Social infrastructure (PPPs): 8-11% p.a., Renewable energy: 9-13% p.a., Greenfield development: 12-16% IRR. Returns come from stable contracted cash flows, often inflation-linked, providing downside protection.

How liquid are infrastructure investments?

Infrastructure investments are typically illiquid with 7-15 year investment horizons. Closed-end infrastructure funds lock capital for 10-12 years, direct infrastructure assets hold for 10-20+ years, and PPP projects align with concession terms (15-35 years). Open-ended funds may offer limited quarterly/annual liquidity but with notice periods and redemption restrictions.

Does infrastructure qualify for AIP visa?

Yes, most infrastructure investments qualify for AIP visa as they contribute to NZ economic development. Renewable energy, transport, social infrastructure, and utilities all typically meet Immigration NZ criteria. Brownfield and greenfield projects both qualify, making infrastructure a popular AIP-eligible asset class offering stable returns and social impact.

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AIP Visa Support

Find AIP-eligible investments for Active Investor Plus visa applications.

For wholesale and eligible investors only. Minimum investment typically $50,000+.