in News Departments > FYI
print the content item

Toronto, Ontario-based Brookfield Asset Management Inc., parent company of wind power developer Brookfield Power, will distribute a direct interest in its infrastructure operations to its Class A shareholders through a publicly traded partnership named Brookfield Infrastructure Partners LP (BIP). The new organization will serve as the primary vehicle through which Brookfield’s future infrastructure-related acquisitions - other than property and renewable power operations - will be made.

According to Brookfield, the company will retain a 40% interest in BIP and will manage the operations under a long-term management agreement. BIP will focus on the ownership and operation of infrastructure assets, which will include electricity transmission, pipeline and utility distribution infrastructure.


Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Hybrid Energy Innovations 2015
Canwea_id1984
Renewable NRG_id1934
BG 2015DblBox_id2032