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Brookfield Infrastructure Closes Strategic Acquisition Of Inter Pipeline

PUBLIC · BEPOct 28, 2021

Acquiring Company

Brookfield Renewable Partners L.P

Acquired Company

Approximately Million Additional Inter Pipeline Ltd. Shares

TorontoEnergyRenewable EnergySolarBiomass Energy

Description

Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, "Brookfield Infrastructure") and Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) are pleased to announce the successful completion of Brookfield Infrastructure's strategic acquisition of Inter Pipeline pursuant to the previously announced statutory plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement").

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Company Information

Company

Brookfield Renewable Partners L.P

Location

Toronto, Ontario, Canada

About

Brookfield Renewable Partners L.P. is a global leader in renewable energy, focusing on hydro, solar, wind, energy storage, and nuclear generation. The company is dedicated to providing sustainable energy solutions while expanding its portfolio. With substantial capital deployment, it continues to grow its operational capabilities and asset recycling initiatives.

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Frequently asked

Who acquired Approximately Million Additional Inter Pipeline Ltd. Shares?

Approximately Million Additional Inter Pipeline Ltd. Shares was acquired by Brookfield Renewable Partners L.P, based in Toronto. The deal was reported on October 28, 2021. Brookfield Renewable Partners L.P. is a global leader in renewable energy, focusing on hydro, solar, wind, energy storage, and nuclear generation. Brookfield Renewable Partners L.P is publicly traded (BEP) and operates in Energy.

When did Brookfield Renewable Partners L.P acquire Approximately Million Additional Inter Pipeline Ltd. Shares?

Brookfield Renewable Partners L.P's acquisition of Approximately Million Additional Inter Pipeline Ltd. Shares was reported on October 28, 2021. Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, "Brookfield Infrastructure") and Inter Pipeline Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Approximately Million Additional Inter Pipeline Ltd. Shares do?

Inter Pipeline is a world-scale energy infrastructure company engaged in the transportation, processing and storage of energy products across Western Canada & Europe. It is privately held.

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