Announcement Regarding South American Natural Gas
Post# of 617763
BROOKFIELD, NEWS--(Marketwired - Feb. 13, 2017) - Brookfield Infrastructure (NYSE:BIP)(TSX:BIP.UN) notes the announcement made by Petrobras on February 10, 2017 ( click here ) relating to the issuance of an injunction suspending the sale by Petrobras of a 90% stake at Nova Transportadora do Sudeste S.A. ("NTS") to a Brookfield-led consortium.
Brookfield Infrastructure intends to take all necessary measures to protect its interests and enable the NTS transaction to proceed. Brookfield Infrastructure expects that appeals against the injunction will be heard in the first half of March 2017, if not earlier.
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 North and South America, Asia Pacific and Europe. We are focused on assets that generate stable cash flows and require minimal maintenance capital expenditures. Brookfield Infrastructure Partners is listed on the New York and Toronto stock exchanges. Further information is available at www.brookfieldinfrastructure.com .
Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global alternative asset manager with approximately $250 billion of assets under management. For more information, go to www.brookfield.com .
For more information, please visit our website at www.brookfieldinfrastructure.com .
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