Brookfield Infrastructure Partners L.P. (the Partnership) owns and operates utility businesses, transport and energy businesses and timber assets in North and South America, Australasia, and Europe. The Company’s operations consists of utilities, which includes electricity transmission, energy distribution and coal terminal operations; transport and energy, which includes energy transmission, railroad and ports, and timber includes freehold timberlands. The Company’s Manager is an affiliate of Brookfield Asset Management Inc. (Brookfield). Its partnership's sole material asset is its limited partnership interest in the Brookfield Infrastructure L.P. (Holding LP). On June 11, 2010, the Company acquired Brookfield's remaining 16% interest in the United Kingdom port operations. On December 8, 2010, it completed a merger with Prime Infrastructure (Prime).