M&A - Brookfield Infrastructure Income Fund Inc.
Form Type: N-CSR
Filing Date: 2025-03-10
Corporate Action: Acquisition
Type: New
Accession Number: 000139834425005325
Filing Summary: Brookfield Infrastructure Income Fund Inc. has provided its Annual Report for the fiscal year ended December 31, 2024, highlighting a positive performance with an 8.18% return driven by strong cash flow profiles and an increase in investments. Key activities included deployment of over $800 million across 15 new deals, raising total investments to 36. Significant transactions mentioned are the negotiations for acquiring a majority stake in Neoen, a global renewable energy developer, and investments in U.S. SH 130 toll road, European diversified assets, and hydroelectric assets in the U.S. The report also addresses the impact of geopolitical tensions and economic uncertainties on market performance but emphasizes resilience and diversification in their investment strategy. The Fund is well-positioned with a strong investment pipeline going into 2025, capitalizing on global trends in infrastructure investment.
Document Link: View Document
Additional details:
Date Acquired: May 2024
Acquisition Target: Neoen
Investment Amount: over $800 million
Date Acquired: December 2024
Acquisition Target: U.S. Toll Road (SH 130)
Investment Amount: undisclosed
Portfolio Update: increased to 36 investments as of December 31, 2024
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