Brookfield Infrastructure Partners
 | |
| Type | Public |
|---|---|
| Traded as |
NYSE: BIP TSX: BIP.UN |
| Industry | Infrastructure asset management |
| Founded | Hamilton, Bermuda (January 14, 2008) |
| Headquarters | Hamilton, Bermuda |
| Area served | Worldwide |
| Key people | Samuel Pollock (CEO) |
| Revenue |
 US$1.63 billion (2011) |
| Operating income |
US$549 million (2011) |
| Profit |
 US$187 million (2011) |
| Total assets |
US$13.3 billion (2011) |
| Total equity |
US$648 million (2011) |
| Parent | Brookfield Asset Management |
| Subsidiaries |
Utilities Transport Energy Timber |
| Website | www.brookfieldinfrastructure.com |
| References: [1] | |
Brookfield Infrastructure Partners is a publicly traded limited partnership headquartered in Hamilton (Bermuda), that engages in the acquisition and management of infrastructure assets on a global basis.[2][3]
Until a spin-off in January 2008, Brookfield Infrastructure was an operating unit of Brookfield Asset Management, which retains a 41% ownership and acts as the partnership's general manager.[4][5] The company's assets carried a book value of $ 3.38 billion US$, in February 2011.[6]
Operations
After the spin-off from Brookfield Asset Management, Brookfield Infrastructure only operated timber properties and electricity transmission lines; in September 2008, the company announced it would expand and diversify its global operations by buying infrastructure holdings from distressed Babcock & Brown, thus adding approximately US$ 8 billion of assets under management.[7][8]
In December 2010 the company completed a merger with Australian company Prime Infrastructure in which it held a minority interest.[9]
In February 2011, the company owned and managed the following assets:[10]
| Country | Operation | Sector | Ownership |
| Australia | Dalrymple Bay Coal Terminal | Ports | 71% |
| Australia | Public–private partnership | Hospitals | 50% |
| Australia | Tasmanian Gas Network | Energy | 100% |
| Australia | WestNet Rail | Rail transport | 100% |
| Canada | Island Timberlands | Lumber | 38% |
| Canada | Ontario Transmission | Energy Transmission | 100% |
| Chile | Transelec | Energy Transmission | 18% |
| Europe | Euroports | Ports | 60% |
| New Zealand | Powerco | Energy | 42% |
| UK | IEG | Energy | 100% |
| UK | PD Ports | Ports | 60% |
| UK | Public–private partnership | Hospitals | 30% |
| USA | Hydro Kennebec | Renewable energy | 30% |
| USA | Longview Timber | Lumber | 30% |
| USA | Natural Gas Pipeline Company of America | Pipeline transport | 25% |
Notes
- ↑ "Brookfield Infrastructure Partners L.P. (BIP)". Yahoo! Finance.
- ↑ "Brookfield Infrastructure Partners L.P. - Company Profile". Reuters. Retrieved 22 July 2010.
- ↑ "Brookfield Infrastructure Partners L.P. - Company Snapshot". CorporateInformation.com. Retrieved 22 July 2010.
- ↑ "Brookfield Asset Management Completes Spin-Off of Brookfield Infrastructure Partners". Brookfield Asset Management. Retrieved 22 July 2010.
- ↑ Schnurr, Leah (3 January 2008). "Brookfield Asset sets date for infrastructure spinoff". Reuters. Retrieved 22 July 2010.
- ↑ "February 2011 Investor presentation". Retrieved 1 March 2011.
- ↑ "Brookfield Asset Management and Brookfield Infrastructure Partners Completes Recapitalization of Babcock & Brown Infrastructure". Marketwire. Retrieved 22 July 2010.
- ↑ Lindsay, Bill (9 October 2009). "Babcock & Brown Infrastructure Sets Plan". The Wall Street Journal. Retrieved 22 July 2010.
- ↑ "Brookfield Infrastructure Announces Closing of Merger with Prime Infrastructure And Implementation of Normal Course Issuer Bid". Retrieved 24 February 2011.
- ↑ "Operations". Brookfield Infrastructure Partners. Retrieved 24 February 2011.