Brookfield Infrastructure and Its Reorganization Plans
BROOKFIELD -- Brookfield Infrastructure Partners L.P. (BIP) and Brookfield Infrastructure Corporation (BIPC) have achieved a significant milestone. They have acquired all necessary shareholder, court, and regulatory approvals for the anticipated reorganization of BIPC. This important Arrangement is set to take effect, marking a new chapter for the company and its investors.
Details of the Arrangement
Under the terms of the reorganization, BIPC shareholders will automatically transition from their class A exchangeable subordinate voting shares to newly offered class A exchangeable shares. These New Exchangeable Shares aim to deliver the same economic advantages and governance as the existing BIPC structure. Both BIPC and its New Exchangeable Shares will be available for trading on the Toronto Stock Exchange and the New York Stock Exchange using the symbol "BIPC".
About Brookfield Infrastructure
Brookfield Infrastructure stands as a prominent force in global infrastructure, overseeing top-tier, long-lasting assets in various sectors including utilities, transportation, midstream services, and data infrastructure. The company's strategy is centered on pursuing assets with contracted and regulated revenue streams, driving consistent and stable cash flows for its investors. Investors can engage with Brookfield's offerings through both its limited partnership, Brookfield Infrastructure Partners L.P. (BIP), and the publicly traded entity, Brookfield Infrastructure Corporation (BIPC).
Investment Opportunities
Investors are attracted to Brookfield Infrastructure due to its robust portfolio of infrastructure investments that maintain long-term value. The company is committed to managing high-quality assets that align with sustainable revenue models, ensuring a steady return on investments. Both BIP and BIPC provide diverse access points for investors looking to capitalize on Brookfield's strategic focus on infrastructure.
Company Leadership and Overview
Brookfield Infrastructure is backed by Brookfield Asset Management, a world-class alternative asset manager overseeing assets exceeding $1 trillion in total. The leadership team is dedicated to maximizing shareholder value and fostering long-term growth through prudent management of their global infrastructure assets.
Contact Information for Further Inquiries
For those seeking additional details regarding Brookfield Infrastructure and its offerings, the following contact pathways are available:
Media Inquiries:
Simon Maine
Managing Director
Corporate Communications
Tel: +44 739 890 9278
Email: simon.maine@brookfield.com
Investor Relations:
Stephen Fukuda
Senior Vice President
Corporate Development & Investor Relations
Tel: +1 416 956 5129
Email: stephen.fukuda@brookfield.com
Frequently Asked Questions
What is the recent announcement by Brookfield Infrastructure about?
The announcement concerns the successful approval of a reorganization for Brookfield Infrastructure Corporation (BIPC), now transitioning shareholders to new exchangeable shares.
How will the reorganization affect existing shareholders?
Shareholders will automatically receive new class A exchangeable shares, ensuring they retain the same economic benefits and governance rights.
Where will the New Exchangeable Shares be listed?
The New Exchangeable Shares will be available for trading on both the Toronto Stock Exchange and the New York Stock Exchange under the symbol 'BIPC'.
What is the primary focus of Brookfield Infrastructure?
Brookfield Infrastructure focuses on operating high-quality, long-life assets in sectors such as utilities, transportation, midstream, and data, aimed at generating predictable income.
Who can investors contact for further information?
Investors should reach out to Simon Maine for media inquiries or Stephen Fukuda for investor relations, as they can provide further details regarding the company's operations.
