Welcome to our dedicated page for Brookfield Infrastructure Corporation news (Ticker: BIPC), a resource for investors and traders seeking the latest updates and insights on Brookfield Infrastructure Corporation stock.
Brookfield Infrastructure Corporation Class A Subordinate Voting Shares (symbol: BIPC) represent an integral part of Brookfield Infrastructure Partners L.P., a globally recognized infrastructure company. Brookfield Infrastructure Corporation is committed to the ownership and operation of high-quality, long-life assets in the utilities, transport, midstream, and data infrastructure sectors across North and South America, Asia Pacific, and Europe.
The company’s diversified portfolio includes a U.K. regulated distribution operation, a Brazilian regulated natural gas transmission operation, and a global intermodal logistics operation. Notably, the company generates a significant portion of its revenue from Brazil, with additional contributions from the United Kingdom and the United States.
Brookfield Infrastructure Corporation's strategic focus is on assets that deliver stable cash flows and necessitate minimal maintenance capital expenditures, ensuring long-term value for shareholders. The company continuously seeks to optimize its asset base, evidenced by recent transactions like the sale of a 12.5% interest in Natural Gas Pipeline Company of America LLC (NGPL) to ArcLight Capital Partners, LLC.
NGPL, a significant component of Brookfield Infrastructure’s portfolio, stands as the largest transporter of natural gas into the Chicago-area market and plays a critical role in serving liquefied natural gas (LNG) export facilities on the Texas and Louisiana Gulf Coast. This asset underlines Brookfield Infrastructure's dedication to sustaining and enhancing energy reliability and security.
Brookfield Infrastructure's partnership with Kinder Morgan, Inc., further magnifies its operational expertise and strategic growth, positioning the company as a leader in energy infrastructure with robust ESG credentials. Investors can access Brookfield Infrastructure’s efficient and profitable assets through Brookfield Infrastructure Corporation (BIPC) on the NYSE and TSX, providing a distinct avenue for tapping into global infrastructure investments.
For more detailed information, including the latest updates and financial performance, prospective and current investors can visit Brookfield Infrastructure’s official website.
Brookfield Infrastructure Partners (BIPC) has announced it will host its second quarter 2024 results conference call and webcast on August 1, 2024, at 9:00 a.m. ET. The results will be released earlier that morning before 7:00 a.m. ET and will be accessible on the company's website. Participants can join the event either via conference call or webcast by pre-registering through the provided links. The pre-registration process will provide participants with a direct passcode and unique PIN, allowing them to bypass the operator and avoid waiting in a queue.
Brookfield Infrastructure (BIPC) announced the results of its annual meeting of shareholders held on June 18, 2024. All eight nominees proposed for election to the board of directors were successfully elected. These nominees were voted in by holders of class A exchangeable subordinate voting shares and holders of class B multiple voting shares. The detailed vote counts are available on SEDAR+. Key voting results include Jeffrey Blidner receiving 93.67% of votes, William Cox with 99.81%, and Roslyn Kelly with 99.86% approval. The Class B Shares held a 75% voting interest, while the Exchangeable Shares represented a 25% voting interest.
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, June 16, 2022 (GLOBE NEWSWIRE) - Brookfield Infrastructure Corporation (BIPC) announced the successful election of all eight proposed nominees to its Board of Directors during its annual shareholder meeting on June 16, 2022. Exchangeable Shares and Class B Shares holders collectively cast votes, with Exchangeable Shares accounting for 25% and Class B Shares for 75% of total votes. The voting results show strong support, with most nominees receiving over 94% approval. Detailed vote numbers are accessible on SEDAR.
Brookfield Infrastructure Corporation Exchange Limited Partnership (BIPC Exchange LP) announced a three-for-two unit split of its outstanding exchangeable units effective June 10, 2022. This follows a similar split for class A exchangeable subordinate voting shares of Brookfield Infrastructure Corporation (BIPC). Record holders as of June 6, 2022, will receive the additional units. The split will not have tax implications for Canadian investors. DRS will electronically register the new units, and fractional units will be rounded to the nearest whole unit.
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