Profile: Brookfield Infrastructure Partners LP (BIP.N)
5 Dec 2016
Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure), incorporated on May 29, 2007, owns and operates utilities, transport, energy and communications infrastructure businesses in North and South America, Europe and Asia Pacific. The Company's segments include Utilities, Transport, Energy, Communications Infrastructure and Other.
The Company's utilities segment consists of regulated businesses. The Company's utilities segment consists of regulated terminal, which is a coal export terminal, with approximately 80 million tons per annum (mtpa) of capacity; electricity transmission, which consists of approximately 11,100 kilometers of transmission lines in North and South America, and regulated distribution, which consists of approximately 2.6 million electricity and natural gas connections. Its regulated terminal operation consists of a port facility that exports metallurgical and thermal coal mined in the central Bowen Basin region of Queensland, Australia. Its North American electricity transmission operations consists of approximately 560 kilometers of 44 kilovolt (kV) to 230 kV transmission lines in Ontario and approximately 600 kilometers of 345 kV transmission lines in Texas. Its South American electricity transmission system consists of approximately 9,900 kilometers, including approximately 80% of Chile's high voltage transmission grid.
The Company's regulated distribution operations have approximately 2.6 million electricity and natural gas connections in the United Kingdom and Colombia. In the United Kingdom, its regulated distribution operation is the independent last mile natural gas and electricity connections provider, consists of approximately 2.2 million connections, principally natural gas and electricity. In South America, its electricity distribution franchise area is in the Boyaca province of Colombia, a region that is approximately 150 kilometers north of the capital, Bogota.
The Company's transport segment consists of open access systems that provide transportation for freight, bulk commodities and passengers, for which it is paid an access fee. The Company's transport segment includes railroad operations, toll roads operations and port operations. Its Australian rail network consists of a below rail access provider, with over 5,100 kilometers of track and related infrastructure in the southwest region of Western Australia under a long-term lease with the State Government. Its Brazilian rail operations are part of an integrated system with transshipment terminals, rail, port terminal operations, and approximately 18,000 locomotives and wagons. They provide below and above rail services for approximately 4,800 kilometers of track.
The Company's toll road operations consist of urban and interurban toll roads in Chile and Brazil. The Company's Chilean operations include approximately 30 kilometers of free flowing roads that form a part of the ring road network of Santiago, Chile. Its Brazilian operations comprise approximately 3,250 kilometers of inter-urban toll roads, located in the Southeast and South regions of Brazil crossing or connecting the states of Sao Paulo, Rio de Janeiro, Minas Gerais, Espirito Santo, Parana and Santa Catarina.
The Company's port operations are located primarily in the United Kingdom, North America and Europe. The Company's United Kingdom port is the operator in the country by volume and is a statutory harbor authority (SHA) for the Port of Tees and Hartlepool in the north of the United Kingdom. Its North American port operation consists of gateway container terminals in the ports of Los Angeles and Oakland, which operates under long-term terminal leases with the Los Angeles and Oakland port authorities. Its European port operations consist of a portfolio of concessions in strategic locations throughout Europe that handle heavy dry bulk, specialty dry bulk, liquid bulk, general cargo and containers. Its European port operations handle approximately 50 mtpa of cargo.
The Company's energy segment consists of systems that provide energy transportation, distribution and storage services. The Company's energy segment consists of transmission, distribution and storage operations and district energy operations. Its transmission, distribution and storage operations include approximately 15,000 kilometers of natural gas transmission and pipeline systems in the United States, an unregulated natural gas and liquid propane gas (LPG) distribution operation in the United Kingdom, and natural gas storage capacity in the United States and Canada. Its natural gas transmission pipelines consist of systems in the United States, extending from the Gulf Coast, Texas and Oklahoma to Chicago. Its energy distribution system in the United Kingdom is a provider of natural gas and LPG distribution services on the islands on which it operates.
The Company's North American district energy operations are located in approximately seven cities and consist of heating plants capable of delivering over 2,870,000 pounds per hour of steam heating capacity, produced from approximately six gas-fired steam plants and over 255,000 tons of contracted cooling capacity, sourced from deep lake water systems and a range of other conventional chilling technologies. These operations provide steam heating in markets, such as downtown Toronto, Ontario, in the medical district of New Orleans, Louisiana and in the central business district of Seattle, Washington. District cooling services are provided through an innovative deep lake cooling system in Toronto and from mechanical chilling operations in markets, such as Chicago, Illinois, Houston, Texas, and New Orleans. The Company's Australian district energy operations provide heating, cooling and energy solutions and distributed natural gas, water and sewage services, in the states of Tasmania, New South Wales and Victoria. The natural gas network includes over 800 kilometers of pipeline, bringing over 100 million cubic meters of natural gas to homes and businesses each year, with availability to provide this service to approximately 59,500 commercial and residential customers.
The Company's communications infrastructure segment provides services and infrastructure to the media broadcasting and telecom sectors. These services and access to infrastructure are contracted on a long-term basis with tariff escalation mechanisms. The Company's telecommunications customers pay upfront and recurring fees to lease space on its towers to host their equipment. Its communications infrastructure segment consists of approximately 7,000 multi-purpose towers and active rooftop sites and over 5,000 kilometers of fiber backbone located in France.
Brookfield Infrastructure Partners LP
73 Front Street
HAMILTON HM 12