Latest news with #BrookfieldInfrastructurePartnersL.P
Toronto Star
31-07-2025
- Business
- Toronto Star
Brookfield Infrastructure Reports Solid Second Quarter 2025 Results
BROOKFIELD, News, July 31, 2025 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: today announced its results for the second quarter ended June 30, 2025. 'We had an active second quarter with our capital recycling strategy. We made three marquee acquisitions and also generated substantial proceeds from asset sales,' said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure. 'Our ability to consistently buy high-quality assets for value and monetize mature investments at attractive returns, continues to differentiate our platform and positions us well to self-fund a growing pipeline of opportunities.'
Yahoo
27-05-2025
- Business
- Yahoo
Brookfield Infrastructure Announces Intention to Redeem its Series 1 Preferred Units
BROOKFIELD, News, May 27, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (TSX: NYSE: BIP) today announced that it intends to redeem all of its outstanding Cumulative Class A Preferred Limited Partnership Units, Series 1 (the 'Series 1 Preferred Units') (TSX: for cash on June 30, 2025. The redemption price for each Series 1 Preferred Unit will be C$25.00. Holders of Series 1 Preferred Units of record as of May 30, 2025 will receive the previously declared final quarterly distribution of C$0.248375 per Series 1 Preferred Unit. About Brookfield Infrastructure Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. Further information is available at Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global alternative asset manager, headquartered in New York with over $1 trillion of assets under management. For more information, go to Contact Information Media:John HamlinDirectorCommunications Tel: +44 204 557 4334Email: Investor Relations:Stephen FukudaSenior Vice PresidentCorporate Development & Investor RelationsTel: +1 (416) 956-5129Email: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-04-2025
- Business
- Yahoo
Is Brookfield Infrastructure Partners L.P. (BIP) Among The High Growth Utility Stocks To Invest In Now?
We recently published a list of . In this article, we are going to take a look at where Brookfield Infrastructure Partners L.P. (NYSE:BIP) stands against other best high growth stocks to invest in. Power and utilities companies are facing a tough challenge in making clean, renewable energy more affordable and abundant. With electricity demand growing due to factors like more manufacturing, electrification, and increased data center use, utilities need to quickly expand their infrastructure while keeping energy reliable, rates low, and meeting decarbonization targets. While financing this expansion may be difficult with higher capital costs, there are opportunities to tap into funding from new initiatives like the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA). According to Deloitte, data centers alone could triple their energy use by 2030, while EV sales and heat pump installations are rising steadily with support from state and federal incentives. To keep up, utilities are focusing on power generation, and solar is leading the way with massive growth. However, natural gas is still the biggest player, though its share might dip next year. Utilities are investing more than ever, with roughly $174 billion spent in 2024, to upgrade and expand the grid. At the same time, they are dealing with supply chain delays, rising costs from extreme weather, and slower regulatory processes. All of this means consumers are likely to see higher electricity bills in the coming years, with wholesale prices expected to rise nearly 20% between 2025 and 2028. Spending on renewables is on the rise as well, and it is expected to top $25 billion in 2025 and hit $31 billion by 2027. That growth is backed by falling tech costs, government support, and strong demand from both consumers and corporations. Still, connecting faraway renewable sources to where people actually live will require a lot more transmission lines. Natural gas is crucial, especially as backup for renewables and to meet surging data center demand. Long-term gas investments are focused on safety, infrastructure upgrades, and newer uses like hydrogen blending. Utility stocks, usually seen as slow movers, have been on a surprising hot streak this past year. With big gains in utility stocks and ETFs, it is becoming harder for investors to find affordable, dividend-paying utility stocks. According to Brent Coggins from Triad Wealth Partners, the strategy has shifted, and investors cannot just chase dividends anymore. Now, it is about finding utility companies that are ready to grow, adapt to climate demands, and expand nuclear capabilities. Basically, utilities are looking more like growth stocks than the traditional income plays they used to be. Recent market jitters, like the sell-off caused by Chinese AI startup DeepSeek, temporarily dragged down both AI-related tech and utility stocks. However, analysts like Julien Dumoulin-Smith from Jefferies still recommend focusing on stable, lower-risk names that pay solid dividends. Meanwhile, JPMorgan sees long-term potential in natural gas utilities too, despite the recent dip. Analyst Jeremy Tonet believes demand for natural gas, especially from power-hungry data centers, is not going away anytime soon. With that market outlook in mind, let's take a look at some high-growth stocks in the utility sector. An overhead view of a powerful electricity transmission tower with in motion cables. For this article, we used the Finviz screener to filter out utility stocks with 5-year revenue growth exceeding 20%, verifying this data through additional sources. We selected 11 stocks with the highest revenue growth manually. We have also mentioned the number of hedge fund holders in each firm as per Insider Monkey's Q4 2024 database. The stocks are ranked in ascending order based on the average 5-year revenue growth. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Number of Hedge Fund Holders: 4 Average 5-Year Revenue Growth: 27.38% Brookfield Infrastructure Partners L.P. (NYSE:BIP) is a subsidiary of Brookfield Corporation, and it operates a global business across four business segments – utilities, transport, midstream, and data. In the utilities space, BIP manages power and gas networks, sub-metering services, and home energy solutions. It is one of the best high growth stocks to consider. On March 25, RBC Capital Markets reaffirmed an Outperform rating on Brookfield Infrastructure Partners L.P. (NYSE:BIP) with a $40 price target. The company has been showing solid momentum with 17.3% revenue growth over the past year and 15 consecutive years of dividend increases. The company recently announced it is selling its remaining 25% stake in the Natural Gas Pipeline Company of America (NGPL) and rolling out a strategy to monetize its data center assets. RBC Capital's Maurice Choy pointed out that despite a recent dip in the stock price, these moves reflect strong execution and smart capital management. Brookfield Infrastructure Partners L.P. (NYSE:BIP) and its partners announced plans to acquire Colonial Enterprises, including the Colonial Pipeline, for $9 billion on April 3. Colonial operates the largest refined products pipeline in the US. BIP will invest $500 million, representing 15% of the total equity, funded through capital recycling. The deal is expected to close in the second half of 2025, pending regulatory approval. According to Insider Monkey's Q4 data, 4 hedge funds were bullish on Brookfield Infrastructure Partners L.P. (NYSE:BIP), with Select Equity Group holding the biggest stake at nearly $163 million. Overall, BIP ranks 9th among the high growth utility stocks to invest in now. While we acknowledge the potential of BIP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BIP but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
04-04-2025
- Business
- Yahoo
Brookfield Infrastructure Announces the Acquisition of Colonial Enterprises
BROOKFIELD, News, April 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. ('BIP') (NYSE: BIP; TSX: and its institutional partners (collectively, 'Brookfield Infrastructure') reached a definitive agreement to acquire 100% of the world-class midstream asset portfolio Colonial Enterprises ('Colonial'), which includes the Colonial Pipeline, for an enterprise value of approximately $9 billion or 9x EBITDA. Colonial is comprised of the largest refined products system in the U.S., spanning approximately 5,500 miles between Texas and New York. The business has a multi-decade track record of strong performance and high utilization serving a high-quality customer base along the U.S. East Coast. At closing, BIP's equity investment is expected to be $500 million, which represents approximately 15% of the total equity investment, funded entirely by proceeds from recently announced capital recycling initiatives. The transaction is expected to close in the second half of 2025, subject to customary closing conditions. Debt financing for the transaction was led by Morgan Stanley Senior Funding, Inc. and Mizuho Bank, Ltd., with Morgan Stanley Senior Funding, Inc. acting as sole bookrunner on the term loan facility. Brookfield Infrastructure engaged Jefferies LLC, Greenhill & Co. LLC, a Mizuho affiliate, and Morgan Stanley & Co. LLC as joint financial advisors and Kirkland & Ellis LLP as legal advisor. About Brookfield Infrastructure Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. Further information is available at Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management. For more information, go to Contact Information Media: Investor Relations: John Hamlin Stephen Fukuda Director Senior Vice President Communications Corporate Development & Investor Relations Tel: +44 204 557 4334 Tel: +1 416 956 5129 Email: Email: Cautionary Statement Regarding Forward-looking Statements Certain statements in this press release may constitute 'forward-looking statements' within the meaning of Canadian provincial securities laws and other 'forward-looking statements' within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities regulations. The words 'growing', 'target', 'growth', 'anticipate', 'plan', 'objective', 'expect', 'will', 'may', 'backlog', 'potential', 'believe', 'increase', 'intend', derivations thereof and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters identify forward-looking statements and information. Forward-looking statements and information in this news release include statements regarding our ability to close transactions and expectations around future asset acquisitions. Although Brookfield Infrastructure believes that these forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on them, or any other forward-looking statements or information in this news release. The future performance and prospects of Brookfield Infrastructure are subject to a number of known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of Brookfield Infrastructure to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements and information. Factors that could cause actual results of Brookfield Infrastructure to differ materially from those contemplated or implied by the statements in this news release include general economic and market conditions in the jurisdictions in which we operate (including that management's expectations may differ from actual economic and market trends), regulatory developments and changes in inflation rates in the U.S. and elsewhere, the impact of market conditions on our business, the fact that success of Brookfield Infrastructure is dependent on market demand for an infrastructure company, which is unknown, the availability of and our ability to obtain equity and debt financing and the terms thereof, foreign currency risk, the outcome and timing of various regulatory, legal and contractual issues, global credit and financial markets, the competitive business environment in the industries in which we operate, the competitive market for acquisitions and other growth opportunities, our ability to satisfy conditions precedent required to complete, our ability to integrate acquisitions into existing operations and the future performance of those acquisitions, our ability to close planned transactions, our ability to complete large capital expansion projects on time and within budget, favorable commodity prices, our ability to achieve the milestones necessary to deliver the targeted returns to our unitholders, weakening demand for products and services in the markets for the commodities that underpin demand for our infrastructure, ability to negotiate favorable take-or-pay contractual terms, the continued operation of large capital projects by customers of our businesses which themselves rely on access to capital and continued favorable commodity prices, changes in technology which have the potential to disrupt business and industries in which we invest, uncertainty with respect to future sources of investment opportunities, traffic on our toll roads and other risks and factors described in the documents filed by Brookfield Infrastructure Partners L.P. with the securities regulators in Canada and the United States including under 'Risk Factors' in its most recent Annual Report on Form 20-F. Except as required by law, Brookfield Infrastructure Partners undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise.
