About MPIC

 

MPIC's mission is to build and responsibly manage a high quality portfolio of core infrastructure businesses in Canada and internationally in order to deliver a superior total return to investors through stable dividends and capital appreciation. 

Core infrastructure businesses typically generate sustainable and growing long-term cash flow as a result of consistent demand for the basic, everyday services they provide.

MPIC's investment mandate encompasses operating infrastructure businesses as well as selective development or growth projects. 

MPIC's portfolio currently includes gas cogeneration, wind, hydro and biomass power generation facilities, representing approximately 350 MW of installed capacity. MPIC is also developing a 20 MW solar power project in Ontario that is expected to start commercial operations in June 2011 and has entered into an agreement to acquire a 33.3 per cent interest in a portfolio of district heating businesses located in Sweden. 

MPIC aims to diversify its portfolio through the acquisition of new infrastructure businesses that:

  • Operate within a regulated or contractual framework;
  • Have low demand variability;
  • Are in sectors where there are significant barriers to entry;
  • Enjoy a sustainable competitive advantage; and
  • Generate stable revenue and predictable cash flow.

 MPT's asset locations

 

  1. One 1.5MW turbine is owned by a landowner
  2. The Dryden facility is compromised of the Wainwright, Eagle River and McKenzie Falls generating stations
  3. MPT's investment in Chapis consists of a 31.3% interest in one of two classes of preferred shares, a 24.8% interest in Tranche A and B and a 50% interest in Tranche C debt
  4. Under development. The facility is currently expected to start commercial operations in June 2011