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.
Brookfield Infrastructure Partners will host its Q1 2022 conference call on May 4, 2022, at 9:00 a.m. ET. The financial results will be released at approximately 7:00 a.m. ET on the same day, available on their website. Participation details include a toll-free North American number and a conference ID. A rebroadcast will be accessible until May 11, 2022. This premier infrastructure firm operates assets across multiple sectors worldwide.
BROOKFIELD, NEWS, March 09, 2022 – Brookfield Infrastructure (NYSE: BIP) has filed its 2021 annual report on Form 20-F, which includes audited financial statements for the fiscal year ending December 31, 2021. The report is accessible via the SEC's EDGAR system and Canadian securities authorities on SEDAR. Brookfield Infrastructure owns quality, long-life assets across utilities, transport, midstream, and data sectors globally, focusing on those that provide stable cash flows with minimal maintenance costs. Investors can access its portfolio through Brookfield Infrastructure Partners L.P. or Brookfield Infrastructure Corporation.
Brookfield Infrastructure Partners L.P. (NYSE: BIP, TSX: BIP.UN) announced plans to redeem all outstanding Cumulative Class A Preferred Limited Partnership Units, Series 7, effective March 31, 2022. The redemption price is set at C$25.00 per unit, with eligible holders receiving a final quarterly distribution of C$0.3125 per unit if recorded by February 28, 2022. The company focuses on high-quality infrastructure assets generating stable cash flows globally.
BROOKFIELD, NEWS, Feb. 02, 2022 -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) reported a 6% increase in distributions for 2022, marking the 13th consecutive annual increase. For 2021, net income reached $1.1 billion, up from $0.4 billion in 2020, driven by strong organic growth and capital gains from asset disposals. Funds From Operations (FFO) increased by 19% to $1.7 billion. Strategic initiatives include a $500 million investment in AusNet Services and a $215 million stake in Intellihub. A quarterly distribution of $0.54 per unit was declared, payable on March 31, 2022.
BROOKFIELD, NEWS, Jan. 21, 2022 – Brookfield Infrastructure Partners L.P. (NYSE: BIP) has closed a public offering of $300 million in fixed-rate perpetual subordinated notes with a 5.125% coupon. The notes will be listed under the symbol 'BIPI' on the NYSE. Proceeds will be used to redeem its Class A Preferred Units, Series 7, due March 31, 2022, and for general working capital. The underwriting was managed by Wells Fargo, BofA, Morgan Stanley, RBC Capital Markets, and Citigroup. Brookfield Infrastructure operates infrastructure assets generating stable cash flows worldwide.
Brookfield Infrastructure Partners will conduct its fourth quarter 2021 conference call on February 2, 2022, at 9:00 a.m. ET. Results will be disclosed that day at approximately 7:00 a.m. ET and can be accessed on their website. Participants can join via phone at +1-866-688-9459 (NA) or +1-409-216-0834 (international) starting at 8:50 a.m.
A rebroadcast will be available until February 9, 2022, at +1-855-859-2056 or +1-404-537-3406.
BROOKFIELD, NEWS, Nov. 25, 2021 — Brookfield Infrastructure Partners L.P. (BIP) announced the TSX's acceptance of its intent to renew its normal course issuer bid for its LP Units and class A Preferred Units. The repurchase plan allows BIP to buy back up to 5% of its total LP Units, equating to 15,259,720 units, potentially reflecting perceived undervaluation. BIPC also plans to repurchase up to 10% of its total public float of Exchangeable Shares. Both bids are set to commence on November 29, 2021, and conclude on November 28, 2022. No units were repurchased in the prior twelve months.
Brookfield Infrastructure Partners has announced concurrent equity offerings expected to yield gross proceeds of approximately US$600 million. The offerings include 8,240,800 LP Units priced at US$58.65 each and 1,860,900 Exchangeable Shares priced at US$62.70 each. A private placement will add an estimated US$400 million, bringing total expected proceeds to around US$1 billion. The funds will support new investment opportunities and working capital, with a closing date set for November 17, 2021.
Brookfield Infrastructure (NYSE: BIP) reported significant gains in its Q3 2021 results, with net income soaring to $413 million, up from $5 million in the previous year. This growth is attributed to organic expansion, contributions from recent acquisitions, and a successful sale of its U.S. district energy operations. Funds from Operations (FFO) reached $422 million, showing a 16% year-over-year increase. Notably, the company announced a quarterly distribution of $0.51 per unit, marking a 5% rise compared to last year, alongside strategic acquisitions and divestitures aimed at enhancing profitability.
BROOKFIELD, NEWS, Oct. 28, 2021 — Brookfield Infrastructure Partners successfully completed the acquisition of Inter Pipeline, following overwhelming shareholder approval (99.91%). Shareholders had options to receive C$20 cash, shares of Brookfield Infrastructure Partners Corporation, or a combination. The Inter Pipeline Shares will be delisted from the TSX on November 1, 2021. Christian Bayle and Brent Heagy resigned post-acquisition, with Brian Baker appointed interim CEO. The arrangement also terminated Inter Pipeline's Dividend Reinvestment Plan. The acquisition reinforces Brookfield's infrastructure portfolio.
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