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Brookfield Infrastructure Corporation - BIPC STOCK NEWS

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.

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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.

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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.

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Brookfield Infrastructure and Triton International announce regulatory approval for acquisition
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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.
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FAQ

What does Brookfield Infrastructure Corporation do?

Brookfield Infrastructure Corporation is involved in owning and operating high-quality infrastructure assets, focusing on utilities, transport, midstream, and data sectors globally.

What are the primary regions where Brookfield Infrastructure Corporation operates?

The company operates primarily in North and South America, Asia Pacific, and Europe, with significant revenue generated from Brazil, the United Kingdom, and the United States.

How can I invest in Brookfield Infrastructure Corporation?

Investors can access Brookfield Infrastructure Corporation through its Class A Subordinate Voting Shares listed on the NYSE and TSX under the symbol BIPC.

What recent transaction has Brookfield Infrastructure Corporation been involved in?

Recently, Brookfield Infrastructure sold a 12.5% interest in the Natural Gas Pipeline Company of America LLC (NGPL) to ArcLight Capital Partners, LLC.

What is NGPL, and why is it significant?

NGPL is the largest transporter of natural gas into the Chicago-area market and serves major LNG export facilities in Texas and Louisiana, highlighting its importance in energy infrastructure.

Who are Brookfield Infrastructure Corporation's key partners?

The company partners with entities like Kinder Morgan, Inc., enhancing its operational capabilities and committing to high environmental, social, and governance (ESG) standards.

What sets Brookfield Infrastructure Corporation apart from other infrastructure companies?

The company focuses on stable cash flows and minimal maintenance capital expenditures, ensuring long-term value and stability for its shareholders.

Where can I find more information about Brookfield Infrastructure Corporation?

For more detailed information, including the latest updates and financial performance, visit Brookfield Infrastructure’s official website at https://bip.brookfield.com.

What industries does Brookfield Infrastructure Corporation's portfolio support?

The company's distinguished portfolio supports industries like finance, energy, government, and professional services, attracting organizations with high credit ratings and long-term leases.

What is the relationship between Brookfield Infrastructure Corporation and Brookfield Corporation?

Brookfield Infrastructure Corporation is a part of Brookfield Corporation, a global alternative asset manager with approximately $825 billion of assets under management.

Brookfield Infrastructure Corporation

NYSE:BIPC

BIPC Rankings

BIPC Stock Data

4.99B
131.92M
0.01%
73.32%
4.53%
Natural Gas Distribution
Utilities
Link
United States of America
New York