Macquarie Power & Infrastructure Income Fund

Macquarie Power & Infrastructure Income Fund

March 01, 2010 09:00 ET

Macquarie Power & Infrastructure Income Fund Provides 2009 Canadian Tax Information

TORONTO, ONTARIO--(Marketwire - March 1, 2010) - Macquarie Power & Infrastructure Income Fund (TSX:MPT.UN)(TSX:MPT.DB.A) ("MPT" or the "Fund") today provided information to assist individual Canadian unitholders of the Fund in completing their 2009 tax returns.

The following information is general in nature and is not intended as legal, tax or financial advice. Unitholders of the Fund are advised to consult their legal, financial or tax advisors regarding their individual tax circumstances. Unitholders who held their MPT units outside of a tax-deferred plan (such as an RRSP) will receive their T3 Supplementary information slip directly from their broker or intermediary by March 31, 2010.

Of the distributions declared payable to unitholders by the Fund in 2009, approximately 45% were a return of capital and 55% were taxable investment income. 

  Dollar amount per unit
  Taxable portion of distribution Non-taxable portion of distribution
Distribution record date Distribution payable date Total distribution paid Investment income Return of capital
January 30, 2009 February 17, 2009 $0.08750 $0.04812 $0.03938
February 27, 2009 March 16, 2009 $0.08750 $0.04812 $0.03938
March 31, 2009 April 15, 2009 $0.08750 $0.04812 $0.03938
April 30, 2009 May 15, 2008 $0.08750 $0.04812 $0.03938
May 29, 2009 June 15, 2009 $0.08750 $0.04812 $0.03938
June 30, 2009 July 15, 2009 $0.08750 $0.04812 $0.03938
July 31, 2009 August 17, 2009 $0.08750 $0.04812 $0.03938
August 31, 2009 September 15, 2009 $0.08750 $0.04812 $0.03938
September 30, 2009 October 15, 2009 $0.08750 $0.04812 $0.03938
October 30, 2009 November 16, 2009 $0.08750 $0.04812 $0.03938
November 30, 2009 December 15, 2009 $0.08750 $0.04812 $0.03938
December 31, 2009 January 15, 2010 $0.08750 $0.04812 $0.03938

Distribution Reinvestment Plan (DRIP)

Eligible unitholders may elect to participate in the Fund's Distribution Reinvestment Plan. For more information about the DRIP, please visit the Fund's website at

About the Fund

Macquarie Power & Infrastructure Income Fund invests in essential infrastructure assets in North America with an emphasis on power infrastructure. MPT's strategy is to acquire and actively manage a diverse, high quality portfolio of infrastructure assets to improve their financial performance and provide growing and sustainable distributions to unitholders. MPT's portfolio includes investments in gas cogeneration, wind, hydro and biomass power generating facilities, representing approximately 350 MW of installed capacity, and a 45% interest in Leisureworld Senior Care LP, a leading provider of long-term care, or social infrastructure, in Ontario. MPT is managed by a wholly-owned subsidiary of Macquarie Group Limited. Please visit for additional information.

Forward-looking Statements

Certain statements in this news release may constitute "forward-looking" statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results expressed or implied by such forward-looking statements. When used in the this news release, such statements use such words as "may", "will", "expect", "believe", "plan" and other similar terminology. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. The forward-looking statements contained in this news release are based on information currently available and what the Fund currently believes are reasonable assumptions, including the material assumptions for each of the Fund's assets set out in the Fund's 2008 Annual Report under the headings "Outlook" on pages 23 to 24, as updated in subsequently filed quarterly Financial Reports of the Fund. However, the Fund cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and, except as required by law, the Fund does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The Fund cautions readers not to place undue reliance on any forward-looking statements contained in this news release. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

The forward-looking information contained in this news release is presented for the purposes of assisting investors and analysts in understanding the Fund's financial position and our stated priorities and objectives may not be appropriate for other purposes. The Fund cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date made. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, risks associated with: the operational performance of the Fund's assets; power purchase agreements; fuel costs, supply and transportation; default under credit agreements; regulatory regime and permits; land tenure and related rights; government regulation and funding; the ability to complete future acquisitions; LTC home ownership and operation; minority ownership interest in Leisureworld; reliance on key personnel; default under Leisureworld's long-term debt and credit facility; labour relations and cost; the variability of distributions; unitholder liability; dependence on Macquarie Power Management Ltd., the manager of the Fund, and potential conflicts of interest; insurance; and risks related to the environmental, health and safety regimes within which the Fund's assets operate. The risks and uncertainties described above are not exhaustive and other events and risk factors, including risk factors disclosed in Fund's filings with Canadian securities regulatory authorities, could cause actual results to differ materially from the results discussed in the forward-looking statements.

Macquarie Power & Infrastructure Income Fund is not an authorised deposit taking institution for the purposes of the Banking Act (Cth) 1959 and Macquarie Power & Infrastructure Income Fund's obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of Macquarie Power & Infrastructure Income Fund.

Contact Information