Mar 28, 2014
March 28, 2014 – Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that it has filed its 2013 annual report on Form 20-F (the “Annual Report”), including its audited financial statements for the year ended December 31, 2013, with the SEC on EDGAR as well as with the Canadian securities authorities on SEDAR.
Brookfield Infrastructure notes that, during the first quarter, the partnership agreement for its subsidiary, Brookfield Infrastructure L.P. (the “Infrastructure Partnership”), was amended to improve and simplify the structure of the group by making Brookfield Infrastructure the managing general partner of the Infrastructure Partnership. In addition, related changes were made to the partnership agreement of Brookfield Infrastructure and its Master Services Agreement, and the Voting Agreement for the Infrastructure Partnership was terminated. Further details on these amendments are contained in the Annual Report.
These documents are also available at www.brookfieldinfrastructure.com and a hard copy will be provided to unitholders free of charge upon request.
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Brookfield Infrastructure operates high quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry and other characteristics, tend to appreciate in value over time. Its current business consists of the ownership and operation of premier utilities, transport and energy assets in North and South America, Australasia, and Europe. It also seeks acquisition opportunities in other infrastructure sectors with similar attributes. The payout policy targets 5% to 9% annual growth in distributions. Units trade on the New York and Toronto Stock Exchanges under the symbols BIP and BIP.UN, respectively. For more information, please visit Brookfield Infrastructure’s website at www.brookfieldinfrastructure.com.
Brookfield Infrastructure notes that, during the first quarter, the partnership agreement for its subsidiary, Brookfield Infrastructure L.P. (the “Infrastructure Partnership”), was amended to improve and simplify the structure of the group by making Brookfield Infrastructure the managing general partner of the Infrastructure Partnership. In addition, related changes were made to the partnership agreement of Brookfield Infrastructure and its Master Services Agreement, and the Voting Agreement for the Infrastructure Partnership was terminated. Further details on these amendments are contained in the Annual Report.
These documents are also available at www.brookfieldinfrastructure.com and a hard copy will be provided to unitholders free of charge upon request.
* * * * *
Brookfield Infrastructure operates high quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry and other characteristics, tend to appreciate in value over time. Its current business consists of the ownership and operation of premier utilities, transport and energy assets in North and South America, Australasia, and Europe. It also seeks acquisition opportunities in other infrastructure sectors with similar attributes. The payout policy targets 5% to 9% annual growth in distributions. Units trade on the New York and Toronto Stock Exchanges under the symbols BIP and BIP.UN, respectively. For more information, please visit Brookfield Infrastructure’s website at www.brookfieldinfrastructure.com.
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