Infratil is a New Zealand-based investor and manager of the infrastructure investments in Europe, the United Kingdom, Australia and New Zealand. It was founded in March 1994 by Lloyd Morrison, a Wellington-based merchant banker. Infratil does not have staff of its own and Morrison & Co is responsible for Infratil's management and administration. The company operates in four industries: investment in infrastructure and utility companies, airport, transportation and energy operations. Infratil is an owner of several airports, a port, electricity generators and retailers, and an oil exploration venture.