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Brookfield Infrastructure Partners L.P - BIP STOCK NEWS

Welcome to our dedicated news page for Brookfield Infrastructure Partners L.P (Ticker: BIP), a resource for investors and traders seeking the latest updates and insights on Brookfield Infrastructure Partners L.P.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Brookfield Infrastructure Partners L.P's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Brookfield Infrastructure Partners L.P's position in the market.

News
Brookfield Infrastructure Reports Second Quarter 2023 Results
Rhea-AI Summary
Brookfield Infrastructure Partners L.P. (BIP) reported strong financial and operational results for the second quarter of 2023. Net income increased to $378 million compared to $176 million in the prior year. Funds from operations (FFO) reached $552 million, supported by capital deployment in new acquisitions and organic growth. The utilities segment generated FFO of $224 million, an increase of 19%. The transport segment saw a 5% increase in FFO to $199 million. The midstream segment reported $161 million in FFO, while the data segment generated $72 million in FFO. Brookfield Infrastructure also provided an update on its strategic initiatives, including the acquisition of Compass Datacenters and the closing of the acquisition of Data4, its European hyperscale data center platform. The company declared a quarterly distribution of $0.3825 per unit, representing a 6% increase compared to the prior year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.78%
Tags
earnings
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News
Brookfield Infrastructure to Issue $700 Million of Medium-Term Notes
Rhea-AI Summary
Brookfield Infrastructure has agreed to sell $700 million aggregate principal amount of medium-term notes. The sale includes $500 million aggregate principal amount of Series 13 Notes, due July 27, 2030, and $200 million aggregate principal amount of Series 14 Notes, due July 27, 2053. The Notes will bear interest at rates of 5.710% and 5.950% per annum, respectively. The net proceeds will be used to refinance existing indebtedness. The Notes will be fully guaranteed by Brookfield Infrastructure and certain subsidiaries. The issue is expected to close on or about July 27, 2023.
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News
Triton International Announces Date of Special Meeting to Approve Acquisition by Brookfield Infrastructure
Rhea-AI Summary
Triton International Limited has set a date for the special general meeting of shareholders to approve the acquisition by Brookfield Infrastructure Partners. The transaction is expected to close in Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
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acquisition
News
Brookfield Infrastructure to Host Second Quarter 2023 Results Conference Call
Rhea-AI Summary
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conferences earnings
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News
ArcLight Acquires an Incremental Interest in Natural Gas Pipeline Company of America LLC from Brookfield Infrastructure
Rhea-AI Summary
ArcLight Capital Partners acquires an additional 12.5% stake in Natural Gas Pipeline Company of America (NGPL) from Brookfield Infrastructure. ArcLight now holds a 37.5% interest, while Brookfield Infrastructure retains 25%. Kinder Morgan continues to operate the pipeline and holds a 37.5% interest.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
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acquisition
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News
Triton International Announces Expiration of Hart-Scott-Rodino Act Waiting Period
Rhea-AI Summary
Triton International Limited (NYSE: TRTN) has announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) for its proposed acquisition by Brookfield Infrastructure Partners L.P. (NYSE: BIP, TSX: BIP.UN). The expiration of the waiting period is a significant step towards the closing of the transaction, which is expected to occur in the fourth quarter of 2023, subject to approval by Triton's shareholders and other customary closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
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none
News
Brookfield Infrastructure Reports First Quarter 2023 Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.36%
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News
G&W Announces Leadership Changes
Rhea-AI Summary
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End-of-Day
-2.29%
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management
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Triton International to be Acquired by Brookfield Infrastructure in a $13.3 Billion Take-Private Transaction
Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
-0.14%
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acquisition
News
Triton International to be Acquired by Brookfield Infrastructure in a $13.3 Billion Take-Private Transaction
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
acquisition
Stock BIP logo
Brookfield Infrastructure Partners L.P

NYSE:BIP

BIP Rankings

#683 Ranked by Market Cap
N/A Ranked by Stock Gains
#505 Ranked by Dividends

BIP Stock Data

11.58B
455.14M
61.7%
0.31%
Hydroelectric Power Generation
Utilities
Link
Bermuda
73 Front Street

About BIP

brookfield office properties is a global office property company that owns, manages, and develops premier assets in the world's most dynamic and resilient markets. the company's signature properties define the skylines of dynamic cities around the globe including new york, washington, d.c., houston, los angeles, toronto, calgary, london, sydney and perth. brookfield office properties is a subsidiary of brookfield property partners, a publicly traded bermuda-based partnership listed under the ticker symbol bpy on the new york stock exchange and bpy.un on the toronto stock exchange. from brookfield places in new york city, toronto and perth, to bankers hall in calgary and bank of america plaza in los angeles, brookfield office properties' distinguished portfolio attracts major financial, energy, government and professional services organizations which have high credit ratings and maintain long-term leases. the company’s performance through the years is distinguished by strong, consiste