Welcome to our dedicated page for Brookfield Infrastructure Partners L.P. Partnership Units news (Ticker: BIP), a resource for investors and traders seeking the latest updates and insights on Brookfield Infrastructure Partners L.P. Partnership Units stock.
Brookfield Infrastructure Partners L.P. Limited Partnership Units (BIP) is a Bermuda-based exempted limited partnership that owns and operates high-quality, long-life assets. These assets are characterized by their ability to generate stable cash flows through substantial barriers to entry and features that appreciate in value over time. BIP focuses on acquiring and managing infrastructure assets that entail low maintenance capital costs and provide significant barriers to entry.
The company operates through four main segments:
- Utilities: Involves regulated businesses like electricity and natural gas transmission, and distribution operations.
- Transport: Encompasses railroads, port terminals, and toll roads that facilitate the movement of goods and people.
- Midstream: Includes energy infrastructure assets like natural gas pipelines and storage facilities.
- Data: Comprises data infrastructure such as communication towers and data centers.
Geographically, the company generates the maximum revenue from Canada but also has a substantial presence in Australia, Colombia, the United Kingdom, Brazil, the United States, Chile, Peru, and other countries. BIP leverages its diverse portfolio to deliver stable and growing distributions to its unitholders.
Recent achievements include strategic initiatives aimed at expanding the company’s energy infrastructure footprint, and an active role in forming partnerships, such as its collaboration with Intel Corporation on semiconductor wafer fabrication plants in Chandler, Arizona. This project involves Brookfield Infrastructure owning a 49% share in Arizona Fab LLC, which consists of two semiconductor wafer fabrication buildings, Fab 52 and Fab 62.
Financially, Brookfield Infrastructure Partners has demonstrated strong and consistent performance over the years. The company’s well-diversified portfolio, underpinned by long-term contracts and regulated cash flows, ensures financial stability and growth.
For investors seeking a stable and growing dividend income, BIP’s distribution strategy is particularly appealing. The company regularly declares distributions and dividends, reflecting its robust cash flow generation capabilities.
Genesee & Wyoming has announced leadership changes effective September 1. Jack Hellmann transitions from CEO to Executive Chairman for North America and UK/Europe, while Michael Miller, with 13 years at G&W, becomes the new CEO. Tim Shoveller is set to join as CEO for UK/Europe operations. Mike Peters is appointed Chief Customer Officer, focusing on enhancing customer experience across G&W’s railroads. These changes aim to drive growth and execute strategic plans within G&W’s extensive rail network, which serves 3,000 customers across North America and Europe.
Triton International Limited (NYSE: TRTN) has announced its acquisition by Brookfield Infrastructure Partners (NYSE: BIP) in a cash and stock deal valued at approximately
Triton International Limited (NYSE: TRTN) has announced its acquisition by Brookfield Infrastructure Partners (NYSE: BIP) in a deal valued at approximately $4.7 billion, representing a total enterprise value of $13.3 billion. Shareholders will receive $85 per share, with $68.50 in cash and $16.50 in Brookfield Infrastructure Corporation (BIPC) shares. This consideration reflects a 35% premium over Triton’s closing share price on April 11, 2023. The transaction has been unanimously approved by Triton's Board of Directors and is expected to close in the fourth quarter of 2023, pending shareholder and regulatory approvals. Triton will maintain its current quarterly dividend until closing, after which its shares will be delisted from the NYSE.
BROOKFIELD, News, April 3, 2023 – Brookfield Infrastructure Partners will host its first quarter 2023 conference call and webcast on May 3, 2023, at 9:00 a.m. (ET). Results will be published that morning before 7:00 a.m. (ET) and accessible on the company's website. Participants can join via conference call or webcast; pre-registration is required for the conference call to receive a dial-in number and passcode. Brookfield Infrastructure, a global leader in infrastructure, focuses on high-quality assets generating stable cash flows in various sectors. For more details, visit www.bip.brookfield.com.
Brookfield Infrastructure (NYSE: BIP) announced that there will be no reclassification of its Cumulative Class A Preferred Limited Partnership Units, Series 9, into Series 10. The decision follows the receipt of 18,000 election notices by the March 16, 2023 deadline, falling significantly short of the 1,000,000 required for reclassification. As a result, holders will retain their Series 9 Units. Brookfield continues to operate quality assets generating stable cash flows across various global sectors, enhancing its investment appeal.
BROOKFIELD, NEWS, March 02, 2023 - Brookfield Infrastructure Partners L.P. (NYSE: BIP) announced a fixed distribution rate for its Cumulative Class A Preferred Limited Partnership Units, Series 9, set at 6.642% for five years, translating to $0.415125 per unit per quarter. Investors have the option to reclassify these into Series 10 Units until March 16, 2023. The Series 10 Units' quarterly floating rate is calculated at 3.00% over three-month Government of Canada treasury yields, starting at 1.88582% for the first quarter. The Series 9 Units’ outstanding count is 7,986,595, with mandatory reclassification if below 1 million. TSX has conditionally approved listing for Series 10.
BROOKFIELD, NEWS, Feb. 02, 2023 -- Brookfield Infrastructure Partners L.P. (BIP) announced its fourth quarter results for 2022, highlighting organic growth and a 20% increase in Funds From Operations (FFO) to $2.1 billion. Despite reporting a net income decrease to $0.4 billion from $1.1 billion in 2021, the company achieved outstanding capital deployment, including $2.9 billion in new investments. BIP declared a quarterly distribution increase of 6% to $0.3825 per unit, payable on March 31, 2023. The company also made significant strides in asset sales, anticipating over $2 billion in net proceeds this year.
Brookfield Infrastructure Partners has announced a conference call and webcast for its fourth quarter 2022 results on February 2, 2023, at 9:00 a.m. ET. Results will be released prior, at 7:00 a.m. ET, and available on their website here. Participants can register for the conference call online to receive a dial-in number and bypass the operator.
Brookfield Infrastructure Partners L.P. (BIP) has announced that the Toronto Stock Exchange accepted its notice to renew its normal course issuer bid for up to 5% of its outstanding limited partnership units (LP Units) and class A preferred units (Preferred Units). The company is authorized to repurchase up to 22,914,157 LP Units, with a daily limit of 97,371 units based on trading volume. BIPC, its affiliate, also plans to renew its bid for exchangeable subordinate voting shares. Both repurchase programs are set to begin on December 1, 2022, and end on November 30, 2023.
Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) has announced the sale of $700 million in medium-term notes. This includes $450 million of Series 11 Notes, maturing in 2027 at 5.616% interest, and $250 million of Series 12 Notes, maturing in 2033 at 5.980% interest. The proceeds will be used to refinance existing debt. The sale is led by TD Securities and other major banks, with expected closure around November 14, 2022. The notes are guaranteed by Brookfield Infrastructure and its key holdings, highlighting the company’s capacity to manage long-term financial commitments.
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