Page 24 - Sam Pollock News Today : Breaking News, Live Updates & Top Stories | Vimarsana

2021 distributions increased by 5% - 12th consecutive annual increase /EIN News/ -- BROOKFIELD, NEWS, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced its results for the fourth quarter ended December 31, 2020. “2020 provided a unique backdrop to showcase the resilience and strength of our business,” said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure. “We were also able to invest in high quality assets that were immediately accretive to our results. We are beginning 2021 with a robust liquidity position which will...

The Brookfield logo is shown in Gatineau, Que., on September 1, 2020. THE CANADIAN PRESS/Adrian Wyld February 02, 2021 - 8:35 AM TORONTO - Brookfield Infrastructure has signed deals totalling US$4.1 billion to sell Enwave, its North American district energy business. The company says Ontario Teachers’ Pension Plan and Australian firm IFM Investors have agreed to buy Enwave’s Canadian business. Enwave’s U.S. business is being sold to Australian investment manager QIC and U.S. firm Ullico. Net proceeds to Brookfield Infrastructure are expected to be US$950 million...

Brookfield Infrastructure selling Enwave business for US$4.1 billion by The Canadian Press Last Updated Feb 2, 2021 at 11:44 am EDT TORONTO — Brookfield Infrastructure has signed deals totalling US$4.1 billion to sell Enwave, its North American district energy business. The company says Ontario Teachers’ Pension Plan and Australian firm IFM Investors have agreed to buy Enwave’s Canadian business. Enwave’s U.S. business is being sold to Australian investment manager QIC and U.S. firm Ullico. Net proceeds to Brookfield Infrastructure are expected to be US$950 million.  Enwave, which pr...

Brookfield Infrastructure is selling its North American district energy business, Enwave, which will be divested through two separate transactions amounting to $4.1 billion. The Ontario Teachers’ Pension Plan Board and IFM Investors will acquire 100 per cent of Enwave’s Canadian business while Enwave’s U.S. business is being acquired by QIC and Ullico. “The sale of Enwave caps off a hugely successful investment for Brookfield Infrastructure, one in which we grew the business significantly through organic growth initiatives and follow-on acquisitions,” Sam Pollock, CEO of Brookfield ...

Brookfield Infrastructure Announces Management Changes GlobeNewswire 2020-12-30 BROOKFIELD, NEWS, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced the appointment of David Krant as Chief Financial Officer of Brookfield Infrastructure, effective March 1, 2021. Mr. Krant succeeds Bahir Manios, who will retain a senior role with Brookfield Infrastructure as Chief Strategy Officer and take on the role of Chief Investment Officer of Brookfield Asset Management’s newly created reinsurance business. In addition, Mr. Manios will ret...