Brookfield Infrastructure (NYSE: BIP)(TSX: BIP.UN) today advised that it has completed the previously announced acquisition of a 90% ownership interest in Nova Transportadora do Sudeste S.A. ("NTS") from Petroleo Brasileiro S.A. ("Petrobras") through a
"Closing this transaction was one of our top priorities for 2017," said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure. "We are deploying approximately
Over the past six months, Brookfield Infrastructure has undertaken various capital raising initiatives to solidify a funding plan for its pipeline of strategic initiatives. Consequently, this investment in NTS will be funded from existing corporate liquidity which totalled approximately
Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high quality, long-life assets in the utilities, transport, energy and communications infrastructure sectors across
Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global alternative asset manager with approximately
Note: This news release may contain forward-looking information within the meaning of Canadian provincial securities laws and "forward-looking statements" within the meaning of Section 27A of the
Factors that could cause actual results of Brookfield Infrastructure to differ materially from those contemplated or implied by the statements in this news release include general economic conditions in the jurisdictions in which we operate and elsewhere which may impact the markets for our products, the ability to achieve growth within Brookfield Infrastructure's businesses and in particular completion of the acquisition referred to in this news release, which cannot be assured, the impact of market conditions on our businesses, the fact that success of Brookfield Infrastructure is dependent on market demand for an infrastructure company, which is unknown, the availability of equity and debt financing for Brookfield Infrastructure, the ability to effectively complete new acquisitions in the competitive infrastructure space (including the ability to complete announced and potential acquisitions that may be subject to conditions precedent), and to integrate acquisitions into existing operations, the future performance of these acquisitions, the market conditions of key commodities, the price, supply or demand for which can have a significant impact upon the financial and operating performance of our business and other risks and factors described in the documents filed by Brookfield Infrastructure with the securities regulators in
Contacts: Media: Claire Holland Vice President, Communications (416) 369-8236 [email protected] Investors: Melissa Low Vice President, Investor Relations & Communications (416) 956-5239 [email protected]
Source: Brookfield Infrastructure Partners L.P.
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