Macquarie Infrastructure Co. (NYSE: MIC)

 

Macquarie Infrastructure Company was founded in 2004 and owns, operates, and invests in infrastructure businesses. MIC’s businesses consist of airport services (Atlantic Aviation), a 50% interest in International-Matex Tank Terminals (IMTT), which is one of the largest bulk liquid terminals in the U.S., a synthetic natural gas (SNG) and liquefied petroleum gas (LPG) processing and distribution business (Hawaii Gas), and a number of contracted power and energy investments, such as five solar power generation facilities and two wind power generating facilities.

 

Income Investor

On July 21, 2022, Macquarie Infrastructure announced that it completed a merger with an affiliate of Argo Infrastructure Partners, LP and the units of the company were delisted from the New York Stock Exchange. Macquarie completed sales of its International-Matex Tank Terminals business in 2020 and its Atlantic Aviation business in 2021. - Gordon Pape

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MIC was first recommended here on June 28, 2015