Welcome to our dedicated page for Brookfield Infrast Partners Lp news (Ticker: BIP), a resource for investors and traders seeking the latest updates and insights on Brookfield Infrast Partners Lp stock.
Brookfield Infrastructure Partners L.P. reports developments for a Bermuda-based limited partnership that owns and operates global infrastructure assets in the utilities, transport, midstream and data sectors. Its recurring updates address funds from operations, segment performance, distributions, capital recycling, new infrastructure investments and operating trends across the Americas, Asia Pacific and Europe.
Company news also covers capital allocation actions such as normal course issuer bids, annual reporting notices and joint-venture or platform investments. Disclosures connect the partnership’s transport and equipment-leasing activity with rail assets, while broader operating commentary emphasizes contracted and regulated revenue streams within long-life infrastructure businesses.
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.
Brookfield Infrastructure Partners is set to conduct its Q3 2021 conference call on November 3, 2021, at 9:00 a.m. ET. Results will be released earlier that day at approximately 7:00 a.m. ET, accessible on their website.
Interested participants can join the call by dialing +1-866-688-9459 in North America or +1-409-216-0834 internationally. A rebroadcast will be available until November 10, 2021, for those who miss the live event.
BROOKFIELD, NEWS, Sept. 30, 2021 – Brookfield Infrastructure Partners (NYSE: BIP) announced the extension of its voluntary sale program for holders of Odd Lot Securities, allowing eligible investors to sell holdings under 100 shares without brokerage fees. The program, initiated in July 2021, is now extended until December 31, 2021. It aims to assist those without brokerage accounts and offers a hassle-free selling option for small securityholders. The program is managed by Computershare and complies with NYSE and TSX policies.