Brookfield Infrastructure Partners

In addition, by issuing eligible dividends rather than partnership distributions, BIP felt that BIPC would provide a more attractive and favourable tax treatment for retail investors.

In September 2008, the company announced it would expand and diversify its global operations by buying infrastructure holdings from distressed Babcock & Brown, thus adding approximately US$8 billion of assets under management.

[11] In 2012, the company participated in a joint venture with Spain's Abertis Infraestructuras to purchase 60 percent of toll operator Obrascon Huarte Lain Brasil in a deal valued at US$1.7 billion.

[12] Also in 2012, the company and its partners agreed to acquire the remaining 45% of the AVN toll road in Chile for a total purchase price of $590-million, after making an initial investment in 2011.

The company also invested in organic projects valued at $850 million, growing the size of its utilities rate base, road and rail networks and energy systems.