InfraREIT Files Shelf Registration Statement

Feb 18, 2016, 16:30 ET from InfraREIT, Inc.

DALLAS, Feb. 18, 2016 /PRNewswire/ -- InfraREIT, Inc.  (NYSE: HIFR) ("InfraREIT" or the "Company") today announced that it has filed a shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission ("SEC").

However, the filing has no effect on, and does not relate to, the Company's financing plans for its business.  This filing also does not relate to any sale of shares by Hunt Consolidated, Inc. ("Hunt") or other holders of limited partnership interests ("OP Units") in InfraREIT Partners, LP (the "Operating Partnership").  Eighty percent of Hunt's total holdings remain subject to a long-term lock-up agreement restricting any such sales.

When unitholders elect to tender their OP Units for redemption, InfraREIT may elect to redeem some or all of the OP Units for shares of InfraREIT common stock or for cash.  This filing registers the shares that InfraREIT may elect, in its discretion, to issue upon redemption of these OP Units.  Such redemption requests may never occur, and, if they do occur, InfraREIT may choose to pay the redemption price in cash instead of issuing shares of common stock.  If InfraREIT does choose to issue shares of common stock as part of the redemption, InfraREIT will acquire an equal number of OP Units from any such redeeming unitholders, meaning that the total number of outstanding OP Units in the Operating Partnership will not increase.

InfraREIT is making this S-3 filing near the one-year anniversary of its initial public offering, as is typical for real estate investment trusts structured in a manner similar to InfraREIT.

About InfraREIT, Inc.

InfraREIT is a real estate investment trust that owns rate-regulated electric transmission and distribution assets in the state of Texas.  The Company is externally managed by Hunt Utility Services, LLC, an affiliate of Hunt Consolidated, Inc. (a diversified holding company based in Dallas, Texas, and managed by the Ray L. Hunt family).  The Company's shares are traded on the New York Stock Exchange under the symbol "HIFR."  Additional information on InfraREIT is available at

Forward-Looking Statements

This press release contains "forward-looking statements" that state InfraREIT's or its management's intentions, beliefs, expectations or predictions of the future, which by their nature, involve known and unknown risks and uncertainties.  Factors that could cause actual results to differ materially from those contemplated above include, among others, risks and uncertainties related to the capital markets generally.  This press release speaks only as of the date hereof, and the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

For additional information, contact:

For Investors:

Brook Wootton

Director, Investor Relations

InfraREIT, Inc., 214-855-6748

For Media:

Jeanne Phillips

Senior Vice President, Corporate Affairs & International Relations

Hunt Consolidated, Inc., 214-978-8534

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