About the Fund
The Ethane Pipeline Income Fund (EPX) was listed on the Australian Securities Exchange in September 2006.
The Fund has been established to provide investors with predictable cash flows with a moderate investment risk profile.
The Fund's principal asset is a 1,375km high pressure ethane pipeline, purpose build to transport ethane from the gas processing facility at Moomba in South Australia to Botany in New South Wales. The Fund is not intended to be a vehicle for assets other thane the ethane pipeline.
The pipeline supplies ethane to Qenos, Australia's sole producer of polyethylene (of which ethane is critical).
The Ethane Pipeline Income Fund comprises two registered investment schemes:
- Ethane Pipeline Income Trust (EPIT)
- Ethane Pipeline Income Financing Trust (EPIFT)(together the “Fund”) securities in which are stapled together and traded as one Ethane Pipeline Income Fund (EPX) security on the Australia Securities Exchange.
APA Ethane Limited is the responsible entity of the Ethane Pipeline Income Trust and the Ethane Pipeline Income Financing Trust.