Brookfield Infrastructure Announces Sale of NGPL Amidst Strong Capital Recycling Momentum
Brookfield Infrastructure Partners (BIP) has announced the sale of its remaining 25% stake in its U.S. gas pipeline to an existing owner, marking a complete exit from the investment. The transaction generated total proceeds exceeding $1.7 billion, achieving an 18% IRR and a 3x multiple of capital since 2015.
Combined with previous financing, the deal has yielded over $900 million in the last 18 months, representing a 1.8x multiple of current carrying value. Additionally, BIP has signed an agreement to sell a 30% interest in its European data center portfolio (244-megawatt) for approximately $460 million ($90 million net to BIP), with plans to sell an additional 60% stake.
The company has secured over $700 million in proceeds from asset sales since the beginning of the year, expected to reach nearly $900 million following the European data center portfolio sell-down. BIP aims to achieve $5-6 billion in asset monetization over the next two years.
Brookfield Infrastructure Partners (BIP) ha annunciato la vendita della sua rimanente partecipazione del 25% nel gasdotto statunitense a un proprietario esistente, segnando un'uscita completa dall'investimento. La transazione ha generato proventi totali superiori a 1,7 miliardi di dollari, raggiungendo un tasso di rendimento interno (IRR) del 18% e un multiplo di 3 volte il capitale dal 2015.
Combinato con il finanziamento precedente, l'affare ha prodotto oltre 900 milioni di dollari negli ultimi 18 mesi, rappresentando un multiplo di 1,8 volte il valore attuale. Inoltre, BIP ha firmato un accordo per vendere una partecipazione del 30% nel suo portafoglio di data center europei (244 megawatt) per circa 460 milioni di dollari (90 milioni di dollari netti per BIP), con piani per vendere un ulteriore 60% di partecipazione.
La società ha ottenuto oltre 700 milioni di dollari in proventi dalla vendita di beni dall'inizio dell'anno, con previsioni di raggiungere quasi 900 milioni di dollari dopo la vendita del portafoglio di data center europei. BIP mira a raggiungere 5-6 miliardi di dollari in monetizzazione degli asset nei prossimi due anni.
Brookfield Infrastructure Partners (BIP) ha anunciado la venta de su participación restante del 25% en su gasoducto en EE. UU. a un propietario existente, marcando una salida completa de la inversión. La transacción generó ingresos totales superiores a 1.7 mil millones de dólares, logrando un rendimiento interno (IRR) del 18% y un múltiplo de 3 veces el capital desde 2015.
Combinado con el financiamiento previo, el acuerdo ha producido más de 900 millones de dólares en los últimos 18 meses, representando un múltiplo de 1.8 veces el valor actual. Además, BIP ha firmado un acuerdo para vender un 30% de interés en su cartera de centros de datos europeos (244 megavatios) por aproximadamente 460 millones de dólares (90 millones de dólares netos para BIP), con planes para vender un 60% adicional.
La compañía ha asegurado más de 700 millones de dólares en ingresos por ventas de activos desde principios de año, y se espera que alcance casi 900 millones de dólares tras la venta de la cartera de centros de datos europeos. BIP tiene como objetivo lograr 5-6 mil millones de dólares en monetización de activos en los próximos dos años.
브룩필드 인프라 파트너스 (BIP)는 미국 가스 파이프라인의 남은 25% 지분을 기존 소유자에게 매각했다고 발표하며, 투자에서 완전히 철수하게 되었습니다. 이번 거래는 17억 달러 이상의 총 수익을 창출하였으며, 2015년 이후 18%의 내부 수익률(IRR)과 3배의 자본 배수를 달성했습니다.
이전 자금 조달과 결합하여, 이번 거래는 지난 18개월 동안 9억 달러 이상의 수익을 가져왔으며, 현재 장부 가치의 1.8배에 해당합니다. 또한, BIP는 유럽 데이터 센터 포트폴리오(244메가와트)의 30% 지분을 약 4억 6천만 달러에 판매하는 계약을 체결했으며 (BIP에는 9천만 달러 순수익), 추가로 60% 지분을 판매할 계획입니다.
회사는 올해 초부터 자산 판매를 통해 7억 달러 이상의 수익을 확보했으며, 유럽 데이터 센터 포트폴리오 매각 후 거의 9억 달러에 이를 것으로 예상하고 있습니다. BIP는 향후 2년 동안 50-60억 달러의 자산 현금화 목표를 세우고 있습니다.
Brookfield Infrastructure Partners (BIP) a annoncé la vente de sa participation restante de 25% dans son gazoduc américain à un propriétaire existant, marquant une sortie complète de l'investissement. La transaction a généré des produits totaux dépassant 1,7 milliard de dollars, atteignant un taux de rendement interne (TRI) de 18% et un multiple de 3x du capital depuis 2015.
Combiné avec le financement précédent, l'accord a rapporté plus de 900 millions de dollars au cours des 18 derniers mois, représentant un multiple de 1,8x de la valeur comptable actuelle. De plus, BIP a signé un accord pour vendre un intérêt de 30% dans son portefeuille de centres de données européens (244 mégawatts) pour environ 460 millions de dollars (90 millions de dollars nets pour BIP), avec des plans pour vendre une participation supplémentaire de 60%.
La société a sécurisé plus de 700 millions de dollars de produits issus de la vente d'actifs depuis le début de l'année, et on s'attend à ce que ce montant atteigne près de 900 millions de dollars après la vente du portefeuille de centres de données européens. BIP vise à réaliser 5-6 milliards de dollars en monétisation d'actifs au cours des deux prochaines années.
Brookfield Infrastructure Partners (BIP) hat den Verkauf seiner verbleibenden 25% Beteiligung an der US-Gaspipeline an einen bestehenden Eigentümer angekündigt, was einen vollständigen Ausstieg aus der Investition markiert. Die Transaktion erzielte Gesamterlöse von über 1,7 Milliarden Dollar, was eine interne Rendite (IRR) von 18% und einen Kapitalmultiplikator von 3x seit 2015 erreicht.
Kombiniert mit der vorherigen Finanzierung hat der Deal in den letzten 18 Monaten über 900 Millionen Dollar eingebracht, was einem Multiplikator von 1,8x des aktuellen Buchwerts entspricht. Darüber hinaus hat BIP eine Vereinbarung unterzeichnet, um einen 30% Anteil an seinem europäischen Rechenzentrum-Portfolio (244 Megawatt) für etwa 460 Millionen Dollar (90 Millionen Dollar netto für BIP) zu verkaufen, mit Plänen, zusätzlich 60% zu verkaufen.
Das Unternehmen hat seit Jahresbeginn über 700 Millionen Dollar aus dem Verkauf von Vermögenswerten gesichert, wobei erwartet wird, dass dieser Betrag nach dem Verkauf des europäischen Rechenzentrum-Portfolios fast 900 Millionen Dollar erreichen wird. BIP strebt an, in den nächsten zwei Jahren 5-6 Milliarden Dollar an Vermögensverwertung zu erzielen.
- Successful exit from U.S. gas pipeline investment with 18% IRR and 3x capital multiple
- Generated over $1.7 billion in total proceeds from pipeline investment
- Secured $460 million from 30% stake sale in European data center portfolio
- Strong progress toward $5-6 billion asset monetization goal
- Additional 60% stake sale in data center portfolio pending
- Complete divestment from profitable U.S. gas pipeline asset may impact future recurring revenue
Insights
Brookfield Infrastructure Partners has made significant strides in its capital recycling program, with two major transactions representing substantial financial gains. The complete exit from NGPL at a 1.8x multiple of current carrying value demonstrates exceptional value creation since their initial investment. Generating total proceeds of
The additional data center portfolio partial sale for
The NGPL transaction highlights a full-cycle investment success story. BIP initially acquired a stake through an acquisition, strategically increased ownership during a recapitalization opportunity, created value through targeted expansions connecting to LNG facilities, and has now exited at a premium valuation. This exemplifies their investment approach: acquire, optimize, and monetize at the right time.
These transactions strengthen BIP's financial position and provide significant capital for redeployment into higher growth opportunities. The substantial premium achieved over carrying value suggests the market may not fully appreciate the intrinsic value of BIP's diversified infrastructure portfolio, which spans utilities, transport, midstream, and data infrastructure across global markets.
BROOKFIELD, News, March 21, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) signed an agreement to sell its remaining
This transaction, when combined with the financing completed in advance of the sale, will have generated total proceeds of over
We initially acquired a
In further asset sale updates, Brookfield Infrastructure has completed the first step in the stabilized data center monetization strategy, signing an agreement to sell a
“Securing these two transactions adds to the excellent start we have had to the year. We have now locked in over
About Brookfield Infrastructure
Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. Further information is available at https://bip.brookfield.com.
Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global alternative asset manager, headquartered in New York, with over
Contact Information
| Media: | Investor Relations: |
| Simon Maine | Stephen Fukuda |
| Managing Director | Senior Vice President |
| Corporate Communications | Corporate Development & Investor Relations |
| Tel: +44 739 890 9278 | Tel: +1 416 956 5129 |
| Email: simon.maine@brookfield.com | Email: stephen.fukuda@brookfield.com |
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FAQ
What is the total return on BIP's U.S. gas pipeline investment since 2015?
How much has BIP raised from asset sales in 2025 so far?
What is BIP's target for asset monetization in the next two years?
How much is BIP selling its European data center portfolio stake for?
What multiple of carrying value did BIP achieve in the U.S. gas pipeline sale?
