Expertise in Infrastructure

We invest in companies found in infrastructure sectors with at least several of the following characteristics:

  • Provide essential, non-discretionary services
  • Limited number of competitors
  • Capital intensive, high barriers to entry
  • Offer favorable dividend yields
  • Growing cash distributions
  • Consistent returns
  • Highly regulated
  • Long-lived assets

The investment team members at Reaves have developed extensive networks of relationships with people who work in and around the companies which comprise the following sectors and sub-sectors:

Utilities

  • Electric generation and distribution
  • Natural gas distribution
  • Water distribution
  • Unregulated (merchant) power
  • Transmission

Communications Services

  • High-speed broadband providers
  • Wireless towers
  • Data center operators
  • Wireless and wireline service providers

Energy

  • Integrated oil companies
  • Pipeline/infrastructure
  • Alternative/renewable power

Transportation

  • Railroads
  • Airlines
  • Toll roads
  • Airports