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. (BIP) generates frequent news and disclosures as it manages a diversified portfolio of global infrastructure assets. Company updates often highlight developments across its utilities, transport, midstream and data segments, reflecting the breadth of its operations in the Americas, Asia Pacific and Europe.
News coverage for BIP commonly includes quarterly and annual financial results, where the partnership reports segment performance, funds from operations and commentary on operating conditions. These releases also describe capital recycling activities, such as asset sales and acquisitions, and provide context on how proceeds are redeployed into new investments.
Brookfield Infrastructure’s announcements frequently cover major transactions, including agreements to acquire or sell interests in pipelines, gas storage platforms, data centers, tower portfolios, ports, rail networks and other infrastructure businesses. Recent communications have described acquisitions like Colonial Enterprises, investments in bulk fiber networks, and a large railcar leasing platform in partnership with GATX Corporation, as well as the subsequent closing of the Wells Fargo rail assets transaction.
Investors following BIP news can also expect updates on financing initiatives, such as note issuances, equity distribution agreements, normal course issuer bids for limited partnership units and preferred units, and potential at-the-market equity programs through Brookfield Infrastructure Corporation. Regular notices of conference calls and webcasts accompany earnings releases, giving additional detail on strategy and performance.
This news page brings together these company announcements, transaction updates and financial disclosures for Brookfield Infrastructure Partners (BIP), offering a centralized view of the partnership’s ongoing activities in global infrastructure markets.
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.
Brookfield Infrastructure Partners L.P. (BIP) reported third-quarter results for 2022, showcasing a net income of $113 million, significantly down from $413 million year-over-year. However, funds from operations (FFO) rose 24% to $525 million, driven by organic growth of 10% and successful acquisitions. The company announced a 6% increase in quarterly distributions to $0.36 per unit, payable on December 30, 2022. Recent strategic initiatives include a partnership to invest $15 billion in a semiconductor foundry with Intel, enhancing growth potential in crucial sectors.
Brookfield Infrastructure Partners will hold its Q3 2022 conference call and webcast on November 2, 2022, at 9:00 a.m. ET. Results will be released before 7:00 a.m. ET that same day. Participants can join via conference call or webcast. Pre-registration for the call is required, after which a unique PIN will be provided to bypass the operator. The webcast registration link is available online. Brookfield Infrastructure invests in stable cash flow generating assets across various sectors worldwide.
Albright Capital Management, a significant minority shareholder in Atlas Corporation (NYSE: ATCO), announced its intention to vote against the $14.45/share unsolicited offer from a consortium of insiders and ONE. They believe ATCO shares remain significantly undervalued, estimating a fair price between $23 and $29/share by 2024 based on future revenue growth. Albright Capital argues the offer undervalues ATCO's business potential and forecasts a significant growth in revenues from $1.7 billion in 2022 to $2.4 billion in 2024, reflecting management's projected EBITDA growth.
BROOKFIELD, News, Aug. 23, 2022 – Brookfield Infrastructure Partners (NYSE: BIP) has forged a partnership with Intel to co-fund a semiconductor fabrication facility in Chandler, Arizona. Brookfield's investment is up to $15 billion for a 49% stake, while Intel retains 51%. This initiative aims to bolster U.S. semiconductor manufacturing and enhances Brookfield's capital project backlog. The equity contribution, estimated at $500 to $750 million, will be financed through retained cash flow and capital recycling. Closing is expected by end of 2022, subject to conditions.
Brookfield Infrastructure Partners (BIP) reported record financial results for Q2 2022, generating a net income of $176 million and funds from operations (FFO) of $513 million, up 30% from last year. The company committed $1.9 billion to European acquisitions and sold four mature assets for approximately $900 million, enhancing its asset rotation strategy. BIP maintains a quarterly distribution of $0.36 per unit, reflecting a 6% year-over-year increase. Despite strong results, net income decreased compared to the prior year due to prior disposition gains.
DigitalBridge and Brookfield Infrastructure have agreed to acquire a 51% stake in GD Towers, valuing the mobile telecom tower business at €17.5 billion ($17.5 billion), including net debt. With over 40,000 sites in Germany and Austria, GD Towers stands as Germany's largest tower company, backed by stable cash flows and extensive market coverage. This partnership aims to enhance digital infrastructure amidst growing network demands across Europe, expected to close in late 2022, pending regulatory approvals.
BROOKFIELD, July 04, 2022 — Brookfield Infrastructure Partners will host its Q2 2022 conference call and webcast on August 3, 2022, at 9:00 a.m. (ET). Results will be released before 7:00 a.m. (ET) on the same day. Investors can access the results via Brookfield's website at https://bip.brookfield.com/bip. Participants can join through a conference call after pre-registering at this link or via a webcast at this link.
Brookfield Infrastructure Partners L.P. (BIP) has entered into an automatic purchase plan with its broker as part of its normal course issuer bid. This plan, approved by the Toronto Stock Exchange, allows BIP to buy back its limited partnership units even during internal trading black-out periods or under insider trading rules. The timing and price of purchases will depend on future market conditions. Brookfield Infrastructure focuses on high-quality infrastructure assets across various sectors, aiming for stable cash flows with minimal maintenance costs.
BROOKFIELD, NEWS, May 04, 2022 – Brookfield Infrastructure Partners Exchange L.P. (“BIP Exchange LP”) announced a three-for-two unit split of its outstanding exchangeable units, approved by its board of directors. This split will be effective on June 10, 2022, for holders on record as of June 6, 2022. Fractional units will be rounded to the nearest whole unit. The split is not expected to be taxable in Canada. BIP Exchange LP will employ the direct registration system for unit distribution, ensuring a seamless update for registered unitholders.
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