Aug 8 (Reuters) - Infratil Ltd IFT.NZ :
* INFRATIL LIMITED - AGREEMENT TO SELL PERTH ENERGY TO AGL
* INFRATIL EXPECTS TO RECEIVE CASH PROCEEDS OF APPROXIMATELY A$55.0 MILLION FOR ITS 80% SHAREHOLDING
* INFRATIL MAY RECEIVE FURTHER SALE PROCEEDS OF UP TO A$14.9 MILLION IN CASH WITHIN THREE YEARS
* AS AT 31 MARCH 2019, INFRATIL'S BOOK VALUE FOR PERTH ENERGY WAS NZ$89.3 MILLION
* SALE IS CURRENTLY EXPECTED TO GIVE RISE TO A LOSS ON DISPOSAL OF NZ$33.0 MILLION
* SALE COMPLETION WILL ALSO RELEASE INFRATIL FROM ITS CREDIT SUPPORT OF PERTH ENERGY, WHICH AS AT 31 MARCH 2019 AMOUNTED TO A$64.7 MILLION
* SALE COMPLETION WILL ALSO RELEASE INFRATIL FROM ITS CREDIT SUPPORT OF PERTH ENERGY