Macquarie Power and Infrastructure Corporation Provides 2010 Canadian Tax Information

TORONTO, ONTARIO--(Marketwire - March 3, 2011) - Macquarie Power and Infrastructure Corporation (TSX:MPT)(TSX:MPT.DB.A) – ("MPIC" or the "Corporation") today provided information to assist individual Canadian shareholders of the Corporation in completing their 2010 tax returns with respect to their investment in Macquarie Power & Infrastructure Income Fund (the "Fund"), the predecessor entity to the Corporation. The Fund converted into the Corporation effective January 1, 2011. 

The following information is general in nature and is not intended as legal, tax or financial advice and investors are advised to consult their legal, financial or tax advisors regarding their individual tax circumstances. Investors 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, 2011.

Of the distributions declared payable to unitholders by the Fund in 2010, 15% were a return of capital and the remaining 85% were taxable income. Taxable income was composed of investment income (approximately 71%), capital gains (approximately 13%) related to the sale of the Fund's investment in Leisureworld Senior Care LP, and eligible dividends (approximately 1%) received from Leisureworld Senior Care Corporation.

		Dollar amount per unit
			Taxable portion of distribution			Non-taxable portion of distribution
Distribution record date	Distribution payable date	Total distribution paid	Investment income	Capital gain	Eligible dividends	Return of capital
January 29, 2010	February 16, 2010	$0.055	$0.03902	$0.00728	$0.00045	$0.00825
February 26, 2010	March 15, 2010	$0.055	$0.03902	$0.00728	$0.00045	$0.00825
March 31, 2010	April 15, 2010	$0.055	$0.03902	$0.00728	$0.00045	$0.00825
April 30, 2010	May 17, 2010	$0.055	$0.03902	$0.00728	$0.00045	$0.00825
May 31, 2010	June 15, 2010	$0.055	$0.03902	$0.00728	$0.00045	$0.00825
June 30, 2010	July 15, 2010	$0.055	$0.03902	$0.00728	$0.00045	$0.00825
July 30, 2010	August 16, 2010	$0.055	$0.03902	$0.00728	$0.00045	$0.00825
August 31, 2010	September 15, 2010	$0.055	$0.03902	$0.00728	$0.00045	$0.00825
September 30, 2010	October 15, 2010	$0.055	$0.03902	$0.00728	$0.00045	$0.00825
October 29, 2010	November 15, 2010	$0.055	$0.03902	$0.00728	$0.00045	$0.00825
November 30, 2010	December 15, 2010	$0.055	$0.03902	$0.00728	$0.00045	$0.00825
December 31, 2010	January 17, 2011	$0.055	$0.03902	$0.00728	$0.00045	$0.00825

About Macquarie Power and Infrastructure Corporation

Macquarie Power and Infrastructure Corporation's mandate is to invest in core infrastructure businesses in Canada and internationally. MPIC aims to acquire and actively manage a high quality portfolio of long-life infrastructure businesses that will generate sustainable, long-term distributions and an attractive total return for investors. MPIC's portfolio currently includes investments in gas cogeneration, wind, hydro and biomass power generating facilities, representing approximately 350 MW of installed capacity. MPIC is also currently developing a 20 MW solar power facility in Ontario and has entered into an agreement to acquire a 33.3% interest in a district heating portfolio in Sweden. MPIC is managed by an affiliate of Macquarie Group Limited. Please visit www.macquarie.com/mpic for additional information.

Notice to Readers

This news release is not an offer or invitation for subscription or purchase of or a recommendation of securities. It does not take into account the investment objectives, financial situation and particular needs of the investor. Before making an investment in the Corporation, the investor or prospective investor should consider whether such an investment is appropriate to their particular investment needs, objectives and financial circumstances and consult our investment adviser if necessary. 

None of the entities noted in this news release is an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542. Macquarie Bank Limited does not guarantee or otherwise provide assurance in respect of the obligations of these entities.

Certain of the statements contained in this news release are forward-looking and reflect management's expectations regarding the Corporation's future growth, results of operations, performance and business based on information currently available to the Corporation. Forward-looking statements are provided for the purpose of presenting information about management's current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. These statements use forward-looking words, such as "anticipate", "continue", "could", "expect", "may", "will", "estimate", "believe" or other similar words. The forward-looking statements in this news release are based on information currently available and what the Corporation currently believes are reasonable assumptions, including the material assumptions for each of the Corporation's assets set out in Macquarie Power & Infrastructure Income Fund's ("MPT" or the "Fund") 2009 Annual Report under the heading "Outlook" on page 42, as updated in subsequently filed Quarterly Financial Reports of the Fund (such documents are available on the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com). Other material factors or assumptions that were applied in formulating the forward-looking statements contained herein include the assumption that the business and economic conditions affecting the Corporation's operations will continue substantially in their current state, including, with respect to industry conditions, general levels of economic activity, regulations, weather, taxes and interest rates, that there will be no unplanned material changes to the Corporation's facilities, equipment or contractual arrangements, and that the acquisition of the Swedish district heating business ("DH Business") will be completed in as described in the Corporation's material change report dated December 21, 2010 (which is available on SEDAR).

Although the Corporation believes that it has a reasonable basis for the expectations reflected in these forward-looking statements, actual results may differ from those suggested by the forward-looking statements for various reasons, including risks related to: power infrastructure (operational performance; power purchase agreements; fuel costs and supply; contract performance; development risk; technology risk; default under credit agreements; land tenure and related rights; regulatory regime and permits; environmental, health and safety; climate change and the environment; force majeure); and the Corporation (tax-related risks; variability and payment of dividends, which are not guaranteed; geographic concentration and non-diversification; dependence on Macquarie Power Management Ltd. ("MPML" or the "Manager") and potential conflicts of interest; insurance; environmental, health and safety regime; availability of financing; shareholder dilution; and the unpredictability and volatility of the common share price of the Corporation). There are also a number of risks related to the Corporation's proposed investment in the DH Business, including: general business risks inherent in the district heating business; geographic concentration; minority interest; government regulation; termination of supply and customer contracts; possible failure to complete the acquisition; enforcement of indemnities against the vendors of the DH Business; environmental health and safety liabilities; liability and insurance; and reliance on key personnel. There is also a risk that the DH Business may not achieve expected results.

For a more comprehensive description of these and other possible risks, please see the MPT's Annual Information Form dated March 25, 2010 for the year ended December 31, 2009 as updated in subsequently filed Quarterly Financial Reports and other filings with the Canadian securities regulatory authorities. These filings are available on SEDAR at www.sedar.com. The assumptions, risks and uncertainties described above are not exhaustive and other events and risk factors could cause actual results to differ materially from the results and events discussed in the forward-looking statements. These forward-looking statements reflect current expectations of the Corporation as at the date of this news release and speak only as at the date of this news release. Except as may be required by law, the Corporation does not undertake any obligation to publicly update or revise any forward-looking statements.

Macquarie Power and Infrastructure Corporation is not an authorized deposit taking institution for the purposes of the Banking Act (Cth) 1959 and Macquarie Power and Infrastructure Corporation'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 and Infrastructure Corporation.