Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
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Recent Acquisition – Chilean Toll Roads<br />
• <strong>Brookfield</strong> consortium acquiring majority interests in two toll roads<br />
for $340 million<br />
• Direct result of European outreach program<br />
• Attractive investment – key arteries in Santiago’s urban roadway<br />
– Rapid economic growth in Chile in last 20 years<br />
Autopista Vespucio Norte (“AVN”)<br />
– Metropolitan region represents 48% of total GDP 1<br />
– Cash flow growth from above inflation tariff increases and<br />
excess road capacity<br />
• Targeted to generate levered, after-tax t returns of 12-15%<br />
15%<br />
• Expected to close in fourth quarter, subject to third-party consents<br />
Tunel San Cristobal (“TSC”)<br />
Establishes new toll road platform in a country we know well<br />
1<br />
Instituto Nacional de Estadisticas<br />
119<br />
| <strong>Brookfield</strong> <strong>Asset</strong> <strong>Management</strong> Inc.