InfraREIT, Inc. is a real estate investment trust (REIT) that owns rate regulated electricity delivery infrastructure assets in Texas. With our emphasis on the state of Texas and the southwestern U.S., InfraREIT offers a unique opportunity to invest in a dividend-focused business.
Our transmission and distribution (T&D) assets are located throughout Texas. They include power lines, substations, transmission towers, distribution poles, transformers and related property and assets.
We lease all of our T&D assets to Sharyland Utilities, L.P., a Texas-based regulated electric utility, pursuant to leases that require Sharyland to make lease payments to us when our assets are placed in service.
We are focused on paying a consistent and growing cash dividend that is sustainable on a long-term basis. We believe we are well-positioned to take advantage of favorable trends in the T&D sector, including replacement of aging assets and construction of new assets to address growing energy demand.
We believe our structure and focus on Texas and the southwestern U.S., where we can leverage our proven track record of identifying, developing, constructing and acquiring critical infrastructure assets, provide InfraREIT with a significant competitive advantage to execute our growth strategy.