Brookfield Infrastructure Partners L.P., a Bermuda exempted limited partnership, was established on May 21, 2007. Brookfield owns and operates high-quality, long-lived assets that generate stable cash flow, require relatively small maintenance capital expenditures, and tend to achieve value appreciation over time thanks to barriers to entry and other features. The company's current operations are mainly public utilities, transportation, energy business and permanent forest land, and its business scope covers North and South America, Oceania and Europe.