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Head of QIC Global Infrastructure, Ross Israel said, "We are pleased to reach this important milestone with the largest smart metering platform across Australia and New Zealand with over 2.3 million meters owned or managed across the electricity and gas sectors. This is the largest investment ever undertaken by the Infratil group and is projected to provide an annual EBITDAF (Earnings Before Interest, Tax, Depreciation, Amortisation and Fair Value Movements) contribution of $99 million when fully commissioned.

DGL reported Cash Flows from Operating Activities at $49.5 million and after further investments in vineyard development and winemaking plant led to a net reduction in borrowings of $29.0 million or 24%.The other financial highlights include the Group successfully improving profitability on a targeted reduction in case sales resulting in Operating NPAT of $25.6 million, up 7% on last year. It increased to 51.04 British pence from 50.86 pence last week.

Net operating cash flow was $71.66m compared to $22.