Brookfield Infrastructure Partners LP (BIP.UN: TSX)

New to my portfolio is Brookfield Infrastructure Partners LP (BIP.UN: TSX).  I bought this stock at $21.80

Brookfield Infrastructure Partners L.P. operates high quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry and other characteristics, tend to appreciate in value over time.

Our current business consists of the ownership and operation of premier utilities, transport and energy, and timber assets in North and South America, Australasia, and Europe. Brookfield Infrastructure also seeks acquisition opportunities in other infrastructure sectors with similar attributes.

Units of Brookfield Infrastructure Partners trade on the New York Stock Exchange under the symbol BIP and on the Toronto Stock Exchange under the symbol BIP.UN.