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Infratil was one of the world's first listed infrastructure funds when it was established and listed on the New Zealand Exchange in 1994. Its first investment was a minority stake in Trustpower. It expanded into airport ownership in 1998 when it bought a 66% shareholding in Wellington Airport. More recently Infratil has invested into the Digital Infrastructure and Healthcare sectors. Infratil was named Amazon Web Services Company of the Year at the Deloitte Top 200 Awards for 2021. Infratil was also recognised in the IJInvestor awards with APAC Fund Performance of the year. Over the last 10 years Infratil delivered above average annual returns of 21.6%.