Type | Private |
---|---|
Industry | Aerospace Bulk Liquid Storage Hydronics Oil and gas |
Founded | 2004 |
Headquarters | , |
Key people | Martin Stanley (Chairman) James Hooke (President & CEO) Liam Stewart (CFO) |
Revenue | US$1.03 billion (FY 2012) |
US$29.5 million (FY 2012) | |
US$13.3 million (FY 2012) | |
Total assets | US$2.22 billion (FY 2012) |
Total equity | US$655.0 million (FY 2012) |
Number of employees | +2,000 |
Subsidiaries | Atlantic Aviation, IMTT, MIC Hawaii, CP&E |
Website | www |
Footnotes /references [1] |
Macquarie Infrastructure Corporation (MIC) owns, operates and invests in a diversified group of infrastructure businesses. Macquarie Infrastructure Corporation's business consists of the largest network of fixed-base operations in the United States, the largest bulk storage terminal business in the U.S., a gas production and distribution business, and a controlling interest in two district energy businesses. The company is headquartered in New York City. MIC is managed by Macquarie Infrastructure Management (USA) Inc. (MIMUSA), which is also one of MIC's largest shareholders. MIMUSA is a member of Sydney-based Macquarie Group Limited. [2]
The company took its name from Macquarie Bank, which took its name from Lachlan Macquarie, who was Governor of New South Wales. One of his achievements includes the establishment of Australia's first bank and introduction of its first domestic coinage in 1813, the Holey dollar. Macquarie's logo is a stylized version of Holey dollar coin. [3]
On December 16, 2004 the company went public as Macquarie Infrastructure Company Trust: it sold 26 million shares at $25 a piece and collected $665 million. [4]
On January 11, 2006, the AvPorts division was merged into the Atlantic division.
On January 1, 2007, Macquarie Infrastructure Company Trust was succeeded by Macquarie Infrastructure Company LLC.
On January 1, 2009, AvPorts was sold to Aviation Facilities Company, Inc. (AFCO). [5]
On January 28, 2010, Macquarie Infrastructure Corporation announced that its airport parking business, Parking Corporation of America Airports (PCAA), had entered into an asset purchase agreement with Bainbridge ZKS - Corinthian Holdings, LLC. The company had earlier filed for Chapter 11 Bankruptcy. [6]
On May 21, 2015, membership interests in Macquarie Infrastructure Company LLC were exchanged, one for one, for shares of Macquarie Infrastructure Corporation as a result of the conversion of the Company from a Delaware limited liability company to a Delaware corporation. [2]
On July 21, 2022, Macquarie Infrastructure Holdings, LLC (“MIC”) announced that it completed its previously disclosed merger with an affiliate of Argo Infrastructure Partners, LP and the units of the Company were delisted from the New York Stock Exchange. MIC completed sales of its International-Matex Tank Terminals business in 2020 and its Atlantic Aviation business in 2021.
Atlantic Aviation
MIC Hawaii (formerly Hawaii Gas) is a wholly owned subsidiary of Macquarie Infrastructure Corporation, founded in 1904. It is the sole franchised gas utility provider in the state of Hawaii. The company provides synthetic natural gas, and propane, and is working on providing Liquid Natural Gas (LNG) to 70,000 customers in Hawaii. The company recently underwent a rebranding, changing its name from The Gas Company to Hawai'i Gas, to reflect its position on changing Hawaii's energy future. [7] [8]
International-Matex Tank Terminals (IMTT), founded in 1939 and based in New Orleans, Louisiana, is the owner of the largest bulk storage terminal businesses in the United States. It stores and handles petroleum products, vegetable and tropical oils, renewable fuels, and various chemicals. [9] The company also provides support services, such as design, procurement, and construction management of retrofit and grassroots facilities in petrochemical and chemical storage facilities; inventory management; tank leasing; packaging; and heating, blending, and product services. In addition, IMTT offers intra-company rail service flexible blending and transfer, customer waterfront, economical heating, petroleum reserve, and drum filling services. [10] Macquarie Infrastructure Group purchased 50 percent stake in 2006, and assumed full ownership in 2014. [11]
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state (at standard conditions for temperature and pressure).
Hobart Airport is an international airport located in Cambridge, 17 km (11 mi) north-east of the Hobart CBD. It is the major and fastest growing passenger airport in Tasmania.
Copernicus Airport Wrocław is an international civil-military airport in Wrocław in Lower Silesian Voivodeship in southwestern Poland. It is Poland's 5th busiest airport. The airport is located 10 km (6.2 mi) southwest of the city centre, at Graniczna street 190. It has one runway, one passenger terminal, one cargo terminal and one general aviation terminal. Wrocław airport is also often used by Polish Air Force, US Air Force, NATO air force and Heavy Airlift Wing.
Sempra is a North American public utility holding company based in San Diego, California. The company is one of the largest utility holding companies in the United States with nearly 40 million consumers. Sempra's focus is on electric and natural gas infrastructure and its operating companies include: Southern California Gas Company (SoCalGas) and San Diego Gas & Electric (SDG&E) in Southern California; Oncor Electric Delivery Company in Texas; and Sempra Infrastructure, with offices in California.
CB&I was a large engineering, procurement and construction (EPC) company with its administrative headquarters in The Woodlands, Texas. CB&I specializes in projects for oil and gas companies. CB&I employs more than 32,000 people worldwide. In May 2018 the company merged into McDermott International. McDermott struggled to integrate its acquisition of Chicago Bridge & Iron Co. On January 21, 2020, McDermott announced that it had filed for Chapter 11 bankruptcy due to asbestos litigation. A $22.5 million trust fund was made to handle asbestos claims.
Cove Point LNG Terminal is an offshore liquid natural gas shipping terminal operated by BHE GT&S, a Berkshire Hathaway Energy company. It is located near Lusby, Maryland, United States, on the western shore of the Chesapeake Bay, and exports liquefied natural gas (LNG) and also stores gas. LNG is exported on specially designed ships known as LNG carriers.
Snam S.p.A. is an Italian energy infrastructure company. As of 31 December 2022, it had a market capitalization of €15.2 billion. Snam was originally a subsidiary of Italian energy company Eni. It has since become an independent company, whose largest shareholder is CDP Reti, a holding company controlled by the Italian state. The utility operates in Italy and, through associated companies, in Albania (AGSCo), Austria, China, France (Terēga), Greece (DESFA), the UAE and the United Kingdom. It is one of the main shareholders of the Trans Adriatic Pipeline (TAP). Snam is the main Italian operator for the transport and dispatching of natural gas in Italy, having almost all the transport infrastructures in Italy, with 32,727 km of gas pipelines in operation in high and medium pressure and over 41,000 km including international activities. First in Europe for natural gas storage capacity, the company is also one of the main continental operators in regasification for a total pro quota capacity of approximately 8.5 billion cubic meters per year. Snam is one of Europe's main regulated gas companies - leading Italy in gas transport and storage, while ranking third in regasification. Snam also aims to invest in new energy transition businesses to reduce environmental impact and decarbonisation: sustainable mobility, energy efficiency, renewable gases such as biomethane and hydrogen. The company is listed on the FTSE MIB index of the Borsa Italiana since 6 December 2001.
Macquarie Group Limited is an Australian global financial services group. Headquartered and listed in Australia, Macquarie employs more than 20,000 staff in 34 markets, is the world's largest infrastructure asset manager and Australia's top ranked mergers and acquisitions adviser, with more than A$871 billion in assets under management.
Vitol is a Swiss-based Dutch multinational energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Though trading, logistics and distribution are at the core of its business, these are complemented by refining, shipping, terminals, exploration and production, power generation, and retail businesses. Vitol has 40 offices worldwide and its largest operations are in Geneva, Houston, London, and Singapore.
The United Kingdom's National Transmission System (NTS) is the network of gas pipelines that supply gas to about forty power stations and large industrial users from natural gas terminals situated on the coast, and to gas distribution companies that supply commercial and domestic users. It covers Great Britain, i.e. England, Wales and Scotland.
Iran LNG, also known as NIOC LNG, is a LNG plant under development at Tombak Port, approximately 50 kilometres (31 mi) north of Assaluyeh Port and 15 kilometres (9.3 mi) southeast of Kangan, Iran.
Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. GIP's main headquarters are located in New York City and its equity investments are based on infrastructure assets in the energy, transport and water & waste sectors. GIP employs approximately 150 investment and operational professionals and has offices in New York, London and Sydney, with operational headquarters in Stamford, Connecticut. In total as of 2018, its portfolio companies employ approximately 21,000 people.
OQ, formerly known as Oman Oil Company, is an energy investment company headquartered in Muscat, Oman. It is a wholly owned subsidiary of the Government of Oman through the Oman Investment Authority.
The Exolum Group is a Spanish multinational company offering services for transportation and storage of oil products. The Exolum Group is made up of Exolum Corporation, S.A., Exolum Aviación, S.A., Terminales Químicos, S.A. (Terquimsa), CLH Pipeline System Ltd (CLH-PS) in the United Kingdom, CLH Aviation Ireland in Ireland, Orpic Logistics Company L.L.C. (OLC) in Oman, CLH Panamá and CLH Aviación Ecuador. The company was formed from what used to be (CAMPSA). CLH is the result of the 1992 spin-off of the commercial assets of the former CAMPSA, which was carried out as the culmination of the process of deregulating the oil sector following the passing of new European Community laws that ended the oil monopoly. The Exolum Group's main activity consists of transporting oil products – essentially gasoline, diesel, fuel oils, and aviation fuels – from oil refineries to the storage facilities that the company has in Spain, The Netherlands, and The UK where its customers' tank trucks load these products and deliver them to the final consumers. CLH holds logistic service contracts for the use of its facilities with most of the operators in these countries, and competes with more than a dozen logistics companies that provide storage and transportation services to the Spanish market.
Puma Energy is a Swiss multinational mid- and downstream oil company, majority-owned by Singapore-based French company Trafigura.
Canaport is a Canadian marine crude oil receiving terminal located on the north shore of the Bay of Fundy at Mispec Point, approximately 9 km (5.6 mi) southeast of the city of Saint John, New Brunswick.
Sabetta International Airport is an airport in Sabetta, Yamalo-Nenets Autonomous Okrug, Russia.
LNG Canada Development Inc. is an industrial joint venture established to construct a liquefied natural gas (LNG) export terminal in Kitimat, British Columbia, Canada. The consortium is led by Shell and also includes Petronas, PetroChina, Mitsubishi, and Korea Gas. The Kitimat terminal will export LNG produced in the Montney Formation near Dawson Creek, B.C by the project's partners.