Brookfield Infrastructure Partners (BIP) Company Report

Brookfield Infrastructure Partners (BIP) reported $2.6 billion in Funds From Operations (FFO) for the full year 2025, with normalized FFO increasing 10% compared to 2024, and a record $0.87 per unit FFO in Q4 2025.
The board approved a 6% increase in the quarterly distribution to $1.82 per unit on an annualized basis, marking the 17th consecutive year of distribution increases of at least 5%.
BIP exceeded its capital recycling target, raising $3.1 billion in asset sale proceeds in 2025, and invested approximately $2.2 billion of equity into growth initiatives.
The data segment's FFO increased over 50% in 2025, driven by new investments and organic growth, including commissioning 220 megawatts of hyperscale data center capacity and executing agreements for approximately 800 MW of capacity in Q4.

Jan 29, 2026, 2:00 PM

Transcript

Brookfield Infrastructure Partners Announces Strong Q4 and Full-Year 2025 Results with Distribution Increase

BIP

Earnings

Dividends

New Projects/Investments

Brookfield Infrastructure Partners reported Funds From Operations (FFO) of $2.6 billion for 2025, with a record FFO of $0.87 per unit in Q4 2025, representing a 10% increase in normalized FFO compared to 2024.
The company announced a 6% increase in its quarterly distribution to $1.82 per unit on an annualized basis and exceeded its capital recycling target, raising a record $3.1 billion in asset sale proceeds in 2025.
The data segment's FFO increased over 50% year-over-year to $502 million in 2025, with its global data center platform holding development potential of approximately 3.6 gigawatts.
BIP deployed approximately $1.5 billion into new investments in 2025, including a $50 million equity investment in a Bloom Energy partnership, a $125 million acquisition of a South Korean industrial gas business, and a $300 million equity consideration for a railcar leasing platform.

Jan 29, 2026, 2:00 PM

Transcript

Brookfield Infrastructure Partners Reports Strong 2025 Results with Record FFO and Distribution Increase

BIP

Earnings

Dividends

New Projects/Investments

Brookfield Infrastructure Partners (BIP) generated $2.6 billion in Funds From Operations (FFO) during 2025, representing a 10% increase compared to 2024 when normalized for asset sales and foreign exchange, and achieved a record $0.87 per unit FFO in the fourth quarter of 2025.
The company exceeded its capital recycling target, raising a record $3.1 billion in asset sale proceeds in 2025, and invested approximately $2.2 billion of equity into growth initiatives.
BIP's board of directors approved a 6% increase in the quarterly distribution to $1.82 per unit on an annualized basis, marking the 17th consecutive year of distribution increases.
The data segment's FFO increased by over 50% to $502 million in 2025, driven by new investments and strong organic growth, including the commissioning of 220 megawatts of capacity at hyperscale data centers.
BIP ended 2025 with record $6 billion in liquidity and anticipates returning to its 10% or higher per unit growth target in 2026 and beyond, supported by a robust pipeline of new investment opportunities and the rapid build-out of AI-related infrastructure.

Jan 29, 2026, 2:00 PM

Transcript

Brookfield Infrastructure Partners Renews Normal Course Issuer Bids

BIP

Share Buyback

Brookfield Infrastructure Partners L.P. (BIP) announced the renewal of its normal course issuer bid for its outstanding limited partnership units (LP Units) and cumulative class A preferred limited partnership units (Preferred Units).
Under the renewed bid, BIP is authorized to repurchase up to 23,062,017 LP Units, representing 5% of the issued and outstanding LP Units as of November 19, 2025.
BIP is also authorized to repurchase up to 10% of the total public float for each series of its Preferred Units (Series 3, Series 9, and Series 11).
The repurchases are authorized to commence on December 2, 2025, and the normal course issuer bid will terminate on December 1, 2026.
Under its current normal course issuer bid, which expires on December 1, 2025, BIP has repurchased 1,043,911 LP Units at a weighted average price of approximately C$39.20 as of November 19, 2025.

Nov 28, 2025, 12:20 PM

6-K

Brookfield Infrastructure Partners L.P. Reports Strong Q3 2025 Results with Significant Asset Growth

BIP

Earnings

M&A

New Projects/Investments

Brookfield Infrastructure Partners L.P. reported revenues of $5,975 million for the third quarter of 2025, marking a $705 million increase from the same period in 2024.
Net income for Q3 2025 reached $750 million, a substantial rise from $234 million in Q3 2024, significantly boosted by a $353 million gain on the sale of its Australian container terminal operation.
Net income per limited partnership unit improved to $0.44 for Q3 2025, compared to $(0.18) in Q3 2024.
Total assets grew to $124,299 million as of September 30, 2025, up from $104,590 million at December 31, 2024, primarily driven by recent acquisitions and increased capital investments.
The Utilities segment's Adjusted EBITDA increased by 6% to $331 million for Q3 2025, attributed to inflation indexation and capital commissioned into the rate base.

Nov 13, 2025, 10:31 PM

6-K

Brookfield Infrastructure Partners Reports Strong Q3 2025 Results and Strategic Progress

BIP

Earnings

New Projects/Investments

Debt Issuance

Brookfield Infrastructure Partners reported Q3 2025 Funds from Operations (FFO) of $654 million or $0.83 per unit, marking a 9% increase compared to the previous year.
The Data segment FFO increased over 60% to $138 million, driven by a full quarter contribution from a tower portfolio acquisition in India and strong organic growth, while the Midstream segment FFO grew 6% to $156 million.
The company secured six new investments totaling over $1.5 billion for the year, including a $1.3 billion enterprise value New Zealand natural gas infrastructure operation and a $1 billion enterprise value South Korean industrial gas business.
Capital recycling initiatives generated over $3 billion in proceeds for the year, with a partial sale of its North American gas storage platform (RockPoint) contributing approximately $230 million to BIP's share of net proceeds.
Brookfield Infrastructure Partners completed a $700 million corporate issuance of medium-term notes at a weighted average interest rate of approximately 4% and maintained a strong liquidity position of $5.5 billion at the end of the third quarter.

Nov 7, 2025, 2:00 PM

Transcript

Brookfield Infrastructure Partners Reports Strong Q3 2025 FFO Growth and Active Investment/Divestment Strategy

BIP

Earnings

New Projects/Investments

M&A

Brookfield Infrastructure Partners (BIP) reported Q3 2025 Funds from Operations (FFO) of $654 million or $0.83 per unit, marking a 9% increase compared to the previous year, primarily driven by strong organic growth.
The company completed a $700 million corporate issuance of medium-term notes in September and maintained a robust liquidity position of $5.5 billion at the end of the quarter.
BIP secured six new investments totaling over $1.5 billion for the year, including a $1.3 billion enterprise value New Zealand natural gas infrastructure operation, a $1 billion enterprise value South Korean industrial gas business, and its first AI-related project for 55 MW of behind-the-meter power.
Capital recycling initiatives generated over $3 billion in proceeds for the year, including a partial sale of its North American gas storage platform (RockPoint) via IPO, which contributed approximately $230 million to BIP's net proceeds.
The company anticipates its FFO per unit growth to "inflect higher" and expects to deploy up to $500 million annually into AI-related infrastructure in the coming years.

Nov 7, 2025, 2:00 PM

Transcript

Brookfield Infrastructure Finance Entities Issue New Medium Term Notes

BIP

Debt Issuance

Brookfield Infrastructure Finance ULC, Brookfield Infrastructure Finance LLC, Brookfield Infrastructure Finance Limited, and Brookfield Infrastructure Finance Pty Ltd (the "Issuers") are issuing a fifteenth and a sixteenth series of Medium Term Notes under supplemental indentures dated September 24, 2025.
These notes are guaranteed by Brookfield Infrastructure Partners L.P. and several of its subsidiaries.
Should a Change of Control Triggering Event occur (defined as a Change of Control combined with a Below Investment Grade Rating Event), the Issuers are required to offer to repurchase the notes at 101% of the aggregate principal amount plus accrued and unpaid interest.
The guarantors have covenanted that the Funded Indebtedness of Brookfield Infrastructure Partners L.P., calculated on a consolidated basis, will not exceed 75% of Total Consolidated Capitalization.