On the Record · Macquarie Infrastructure
Macquarie Infrastructure acquisitions, on the record
The businesses Macquarie Infrastructure bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
design-build mechanical contractor business previously reported within the MIC Hawaii segmentWord for word“In November 2018, we completed the sale of the design-build mechanical contractor business previously reported within the MIC Hawaii segment.” 10-K for 2018 | divestiture | November 2018 | — |
substantially all of our portfolio of solar and wind facilitiesWord for word“In October 2018, we commenced a sale process involving substantially all of our portfolio of solar and wind facilities.” 10-K for 2018 | agreed divestiture | — | — |
wind and solar power generating portfoliosWord for word“In 2019, consistent with our strategic objective of divesting of smaller and non-core businesses, we completed the sale of our wind and solar power generating portfolios.” 10-K for 2019 | divestiture | — | — |
majority interest in a renewable power development businessWord for word“In addition, we also completed the sale of our majority interest in a renewable power development business and concluded a relationship with a third-party developer of renewable power facilities.” 10-K for 2019 | divestiture | — | — |
BEC businessWord for word“The increase in 2019 was partially offset by the absence of a contribution from the BEC business sold in October 2018.” 10-K for 2019 | divestiture | October 2018 | — |
mechanical contractor business and an environmental services businessWord for word“(ii) the absence of any contribution from the sale of the mechanical contractor business and an environmental services business during 2018;” 10-K for 2019 | divestiture | during 2018 | — |
International-Matex Tank Terminals (IMTT) businessWord for word“In December 2020, we completed the sale of our International-Matex Tank Terminals (IMTT) business.” 10-K for 2020 | divestiture | In December 2020 | — |
an FBO at an airport on which Atlantic Aviation already operatedWord for word“The increase in cash used in investing activities in 2020 compared with 2019 is primarily attributable to the absence of cash proceeds received from the repayment of a loan from a third-party renewable developer during 2019 and an acquisition of an FBO during 2020 at an airport on which Atlantic Aviation already operated.” 10-K for 2020 | acquisition | during 2020 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $37.1 million | $6.8 million |
| 2017-12-31 | $201 million | $43.6 million |
| 2018-12-31 | $18 million | $2.17 billion |
| 2019-12-31 | $0 | $2.17 billion |
| 2020-12-31 | $13 million | $743.9 million |
Deal filings since 2016
- 2021-09-22 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-12-23 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-11-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-12-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-17 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-07-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-01-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Macquarie Infrastructure’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.