Own What's Next - TC

In 2021, we acquired Inter Pipeline, a strategic long-haul pipeline network with interests in petrochemical facilities and bulk storage assets. 

A major Alberta-based petroleum transportation and natural gas liquids processing business, Inter Pipeline owns and operates energy infrastructure assets across Western Canada, including the Heartland Petrochemical Complex. 

FirstEnergy Transmission was a rare opportunity to acquire a premier electric transmission platform in the strongly regulated U.S. market. It is one of the few pureplay electric transmission companies in the country, with a portfolio comprising three federally-regulated electric transmission utilities that span close to 13,000 miles across several Mid-Atlantic states.

In 2019, Brookfield acquired Leela Palaces, Hotels and Resorts, India’s only pure-play luxury hotel brand and platform.

The platform consists of 12 operational hotels, representing approximately 3,400 keys, located in top business and leisure markets across India, one of the fastest growing major economies in the world with structural tailwinds supporting the hospitality industry and tourism. In June 2025, we successfully executed the initial public offering of The Leela.

Westinghouse Electric is the world’s leading provider of mission-critical technology, services and products to the nuclear energy industry, serving more than half of the world’s nuclear generation plants. 

As the provider of dependable and zero-emission baseload electricity, nuclear is a critical component of the future energy mix. Westinghouse provides for the safe continuation of today’s nuclear power plants and offers the world’s leading nuclear reactor technology for newbuild plants, including the largescale AP1000 and the small modular reactor design, AP300.

In 2025, we acquired Chemelex, a global leader in the design and manufacture of electric heat-tracing systems as part of a carve-out from an industrial conglomerate.

The business, the inventor of electric heat-tracing provides the critical wiring systems that regulate the temperature of pipes in industrial plants and commercial buildings in end-markets that include commercial and residential real estate, infrastructure and energy. We are partnering with Chemelex to unlock its potential as an independent business and position it to capture growing global demand for critical temperature management solutions.
 

Triton and VLI are both critical providers of logistics operations, forming a key part of the backbone of the global economy.

Triton is the world’s largest owner and lessor of intermodal shipping containers, providing global transport logistics infrastructure with a fleet of 7.6 million container-equivalent units. We acquired Triton from the public markets in 2023 after recognizing that its value was not fully reflected by public equities investors. 

VLI is one of the largest integrated logistics operators in Brazil, with 8,000 km of rail, nine operating transshipment terminals and seven port terminals. The company transports millions of tons of agricultural products and steel products, which are critical to the Brazilian economy.