Brookfield Rail was acquired by global infrastructure owner, Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure) as part of its investment and subsequent merger with Prime Infrastructure in 2009.
Brookfield Infrastructure operates long life, high quality infrastructure assets with high barriers to entry and low maintenance capital requirements that generate stable and growing cash flows.
Its current business consists of the ownership and operation of premier infrastructure assets in the utilities, transport and energy, and timber sectors, primarily located in North and South America, Australasia and Europe. It intends to seek acquisition opportunities in other infrastructure sectors with similar attributes.
Units of Brookfield Infrastructure Partners trade on the New York Stock Exchange under the symbol BIP and on the Toronto Stock Exchange under the symbol BIP.UN.
Brookfield Infrastructure was established by Brookfield Asset Management, a global asset manager with a 100-year history of owning and operating assets with a focus on property, renewable energy, infrastructure and private equity with approximately $240 billion of assets under management. Brookfield Asset Management acts as the manager of Brookfield Infrastructure Partners under a long-term Master Services Agreement.
Brookfield Infrastructure Partners L.P. owns and operates high quality infrastructure assets across four continents.