EX-99.1
2
v077460_ex99-1.htm
Macquarie
Infrastructure Company LLC
125
W.
55
th
Street
New
York,
NY 10019
Media
Release
MACQUARIE
INFRASTRUCTURE COMPANY CLOSES ACQUISITION OF TWO FIXED BASE OPERATIONS
New
York, NY - June 4, 200
7
Macquarie
Infrastructure Company (NYSE: MIC), a market leader in the ownership
and
operation of infrastructure businesses in the US, announced that
it has
completed its previously announced purchase of fixed base operations
("FBOs") at Santa Monica Municipal Airport in Santa Monica, California
and
Stewart International Airport in New Windsor, New York. The facilities
currently operate as the Supermarine FBO network.
"The
addition of two high-quality sites at Santa Monica and Stewart
to our
Atlantic Aviation network further solidifies our already strong
position
in the FBO market", said Peter Stokes, CEO of Macquarie Infrastructure
Company. "With a network of 43 facilities at some of the most popular
general aviation destinations in the country, pilots and travellers
have
even more opportunities to experience the friendly, service-minded
"Atlantic Attitude"".
The
Company is investing an aggregate $90.2 million, including costs,
in the
Supermarine sites. Both will be rebranded and integrated into Macquarie
Infrastructure Company's existing Atlantic Aviation operations. MIC will
report the financial results of the new facilities as a component
of its
airport services business segment.
MIC
funded the acquisition with $32.5 million drawn against an existing
credit
facility at Atlantic and $57.7 million of cash.
FBOs
provide fuel and fuel-related services, terminal services and aircraft
hangarage to the general aviation community. The facility at Santa
Monica
is the sole FBO at that airport and the facility at Stewart is
one of two
FBOs.
ABOUT
MACQUARIE INFRASTRUCTURE COMPANY
MIC
owns, operates and invests in a diversified group of infrastructure
businesses, which provide basic, everyday services, to customers
in the
United States. Its businesses consist of an airport services business,
an
airport parking business, a district energy business, a gas production
and
distribution business, and a fifty percent indirect interest in
a bulk
liquid storage terminal business. The Company is managed by a wholly-owned
subsidiary of Macquarie Bank Limited. For additional information,
please
visit the Macquarie Infrastructure Company website at www.macquarie.com/mic.
MIC-G
FOR
FURTHER INFORMATION, PLEASE CONTACT:
Investor
enquiries
Jay
A. Davis
Investor
Relations
Macquarie
Infrastructure Company
(212)
231-1825
Media
enquiries
Alex
Doughty
Corporate
Communications
Macquarie
Infrastructure Company
(212)
231-1710

EX - 99 . 1 2 v077460 _ ex99 - 1 . htm Macquarie Infrastructure Company LLC 125 W . 55 th Street New York , NY 10019 Media Release MACQUARIE INFRASTRUCTURE COMPANY CLOSES ACQUISITION OF TWO FIXED BASE OPERATIONS New York , NY - June 4 , 200 7 Macquarie Infrastructure Company ( NYSE : MIC ) , a market leader in the ownership and operation of infrastructure businesses in the US , announced that it has completed its previously announced purchase of fixed base operations ( " FBOs " ) at Santa Monica Municipal Airport in Santa Monica , California and Stewart International Airport in New Windsor , New York . The facilities currently operate as the Supermarine FBO network . " The addition of two high - quality sites at Santa Monica and Stewart to our Atlantic Aviation network further solidifies our already strong position in the FBO market " , said Peter Stokes , CEO of Macquarie Infrastructure Company . " With a network of 43 facilities at some of the most popular general aviation destinations in the country , pilots and travellers have even more opportunities to experience the friendly , service - minded " Atlantic Attitude "" . The Company is investing an aggregate $ 90.2 million , including costs , in the Supermarine sites . Both will be rebranded and integrated into Macquarie Infrastructure Company 's existing Atlantic Aviation operations . MIC will report the financial results of the new facilities as a component of its airport services business segment . MIC funded the acquisition with $ 32.5 million drawn against an existing credit facility at Atlantic and $ 57.7 million of cash . FBOs provide fuel and fuel - related services , terminal services and aircraft hangarage to the general aviation community . The facility at Santa Monica is the sole FBO at that airport and the facility at Stewart is one of two FBOs . ABOUT MACQUARIE INFRASTRUCTURE COMPANY MIC owns , operates and invests in a diversified group of infrastructure businesses , which provide basic , everyday services , to customers in the United States . Its businesses consist of an airport services business , an airport parking business , a district energy business , a gas production and distribution business , and a fifty percent indirect interest in a bulk liquid storage terminal business . The Company is managed by a wholly - owned subsidiary of Macquarie Bank Limited . For additional information , please visit the Macquarie Infrastructure Company website at www.macquarie.com/mic . MIC - G FOR FURTHER INFORMATION , PLEASE CONTACT : Investor enquiries Jay A . Davis Investor Relations Macquarie Infrastructure Company ( 212 ) 231 - 1825 Media enquiries Alex Doughty Corporate Communications Macquarie Infrastructure Company ( 212 ) 231 - 1710
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