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The Enbridge assets will be added to Brookfield’s U.S. gas transmission lines, Australian gas and propane distribution operations, and gas storage operations in Alberta and the United States.

Brookfield Infrastructure is also involved in various district heating and cooling systems, including in Toronto and London, Ont.

A Brookfield spokeswoman said none of the key executives was available to comment on Wednesday about the Enercare deal but said it would be one of the topics discussed on Thursday when Brookfield Infrastructure holds its second-quarter conference calls with analysts.

Brookfield Infrastructure in one of several publicly traded entities within a Toronto-based group anchored by Brookfield Asset Management Inc., which has investments in a wide range of industries.

“We are excited to be acquiring Enercare, a high-quality business that has established a leadership position in North America,” Pollock said.

In the 12 months ended Dec. 31, Enercare had $1.25 billion of revenue and declared monthly dividends totalling nearly $101.6 million. Net earnings for 2017 were $55.5 million, or $76 million before taxes, according to its financial report.

Enercare also had long-term debts totalling more than $1 billion at the end of 2017, much of it accumulated to finance acquisitions.

Enercare said Wednesday that its board unanimously supports the Brookfield Infrastructure offer, which is worth the equivalent of $29 per share in cash with an option to receive some of the price in equity.