August 8, 2022

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Center Coast Brookfield MLP & Energy Infrastructure Fund Considering Strategic Options

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NEW YORK, Aug. 01, 2022 (GLOBE NEWSWIRE) — Brookfield Public Securities Group (“PSG”), the investment adviser to Center Coast Brookfield MLP & Energy Infrastructure Fund (“CEN”), in collaboration with the Board of Trustees of CEN, has been and continues to evaluate various strategic options for CEN seeking to advance and maximize shareholder value. This includes, without limitation, fund reorganizations within the Brookfield fund complex, reorganization opportunities with third parties and strategic portfolio repositioning, including a potential sale of all or a part of CEN’s holding in KKR Eagle. The Board expects to be in a position to present an option for shareholder action or otherwise by the end of the first quarter 2023.

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Nevertheless, this effort is ongoing and there can be no guarantee that PSG and the Board will develop a proposal for announcement and execution by CEN. Each of these options presents certain investment, regulatory and federal income tax issues that PSG and the Board continue to evaluate. As a matter of policy, CEN does not comment on or provide the market with updates as to any specific strategic option under evaluation or the status of any informal expressions of interest or formal proposals or offers that may be presented to CEN from time to time, or the course of any discussions with any prospective counterparties, nor will it comment…


2022-08-01 19:25:37

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