Macquarie Infrastructure Corporation (MIC) owns, operates and invests in a diversified group of infrastructure businesses. Macquarie Infrastructure Corporation's business consists of the largest network of fixed-base operations in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...

, the largest bulk storage terminal business in the U.S., a gas production and distribution business, and a controlling interest in two district energy businesses. The company is headquartered in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. MIC is managed by Macquarie Infrastructure Management (USA) Inc. (MIMUSA), which is also one of MIC's largest shareholders. MIMUSA is a member of

Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mounta ...

-based

Macquarie Group Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia' ...

Limited.

History

The company took its name from Macquarie Bank, which took its name from

Lachlan Macquarie Major General Lachlan Macquarie, CB (; gd, Lachann MacGuaire; 31 January 1762 – 1 July 1824) was a British Army officer and colonial administrator from Scotland. Macquarie served as the fifth Governor of New South Wales from 1810 to 1821, an ...

, who was Governor of

New South Wales ) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , es ...

. One of his achievements includes the establishment of Australia's first bank and introduction of its first domestic coinage in 1813, the

Holey dollar Holey dollar is the name given to coins used in the early history of two British settlements: Prince Edward Island (now part of Canada) and New South Wales (now part of Australia). The middle was punched out of Spanish dollars, creating two pa ...

. Macquarie's logo is a stylized version of Holey dollar coin. On December 16, 2004 the company went public as Macquarie Infrastructure Company Trust: it sold 26 million shares at $25 a piece and collected $665 million. On January 11, 2006, the AvPorts division was merged into the Atlantic division. On January 1, 2007, Macquarie Infrastructure Company Trust was succeeded by Macquarie Infrastructure Company LLC. On January 1, 2009, AvPorts was sold to Aviation Facilities Company, Inc. (AFCO). On January 28, 2010, Macquarie Infrastructure Corporation announced that its airport parking business, Parking Corporation of America Airports (PCAA), had entered into an asset purchase agreement with Bainbridge ZKS - Corinthian Holdings, LLC. The company had earlier filed for

Chapter 11 Bankruptcy Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whe ...

. On May 21, 2015, membership interests in Macquarie Infrastructure Company LLC were exchanged, one for one, for shares of Macquarie Infrastructure Corporation as a result of the conversion of the Company from a

Delaware Delaware ( ) is a state in the Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. The state takes its name from the adjacent ...

limited liability company A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability ...

to a Delaware corporation.

Subsidiaries

* Atlantic Aviation * MIC Hawaii (formerly Hawai'i Gas) * CP&E

Atlantic Aviation

MIC Hawaii

MIC Hawaii (formerly Hawaii Gas) is a wholly owned subsidiary of Macquarie Infrastructure Corporation, founded in 1904. It is the sole franchised gas utility provider in the state of

Hawaii Hawaii ( ; haw, Hawaii or ) is a state in the Western United States, located in the Pacific Ocean about from the U.S. mainland. It is the only U.S. state outside North America, the only state that is an archipelago, and the only stat ...

. The company provides synthetic natural gas, and propane, and is working on providing Liquid Natural Gas (LNG) to 70,000 customers in Hawaii. The company recently underwent a

rebranding Rebranding is a marketing strategy in which a new name, term, symbol, design, concept or combination thereof is created for an established brand with the intention of developing a new, differentiated identity in the minds of consumers, investo ...

, changing its name from The Gas Company to Hawai'i Gas, to reflect its position on changing Hawaii's energy future.

International-Matex Tank Terminals

International-Matex Tank Terminals (IMTT), founded in 1939 and based in

New Orleans, Louisiana New Orleans ( , ,New Orleans

, is the owner of the largest bulk storage terminal businesses in the United States. It stores and handles petroleum products, vegetable and tropical oils, renewable fuels, and various chemicals. The company also provides support services, such as design, procurement, and construction management of retrofit and grassroots facilities in petrochemical and chemical storage facilities; inventory management; tank leasing; packaging; and heating, blending, and product services. In addition, IMTT offers intra-company rail service flexible blending and transfer, customer waterfront, economical heating, petroleum reserve, and drum filling services. Macquarie Infrastructure Group purchased 50 percent stake in 2006, and assumed full ownership in 2014. ;Storage Terminal Locations #

Richmond, CA Richmond is a city in western Contra Costa County, California, United States. The city was municipal corporation, incorporated on August 7, 1905, and has a Richmond, California City Council, city council.

Joliet, IL Joliet ( ) is a city in Will and Kendall counties in the U.S. state of Illinois, southwest of Chicago. It is the county seat of Will County. At the 2020 census, the city was the third-largest in Illinois, with a population of 150,362. His ...

Lemont, IL Lemont is a village located in Cook, DuPage, and Will counties in the U.S. state of Illinois, and is a south-west suburb of Chicago. The population was 17,629 as of the 2020 census. The village is situated on a hillside along the south banks of ...

Avondale, LA Avondale is a census-designated place (CDP) in Jefferson Parish, Louisiana, United States, on the west bank of the Mississippi River. The population was 4,582 in 2020. It is part of the New Orleans– Metairie–Kenner metropolitan statist ...

# Geismar, LA # Gretna, LA # St. Rose, LA # Bayonne, NJ #

Chesapeake, VA Chesapeake is an independent city in the Commonwealth of Virginia, United States. At the 2020 census, the population was 249,422, it is the second-most populous independent city in Virginia, tenth-largest in the Mid-Atlantic, and the 90th ...

Richmond, VA (Thus do we reach the stars) , image_map = , mapsize = 250 px , map_caption = Location within Virginia , pushpin_map = Virginia#USA , pushpin_label = Richmond , pushpin_m ...

Quebec, Canada Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirteen p ...

# Placentia Bay, Newfoundland

References

External links

Macquarie Infrastructure Corporation

Atlantic Aviation

MIC Hawaii

International-Matex Tank Terminals
{{authority control Aerospace companies Aircraft ground handling companies Airport operators of the United States Companies based in New York City Companies listed on the New York Stock Exchange Organizations established in 2004