ParkerTradesX
Jul 30, 1:03 PM
$BIP | Brookfield Infrastructure Q2 Update
Results
FFO per unit:
$0.89 (+10% YoY)
Total FFO:
$702M (+10% YoY)
Net income:
$44M (vs.
$69M last year)
Segment performance:
Data FFO:
$154M (+36% YoY)
Midstream FFO:
$183M (+17% YoY)
Transport FFO:
$311M
Utilities FFO:
$196M
Key Highlights
Brookfield placed more than
$1.5B of new projects into service, with a major focus on data infrastructure.
The company generated nearly
$1.2B from asset sales year-to-date while retaining a 64% stake in its newly listed U.S. data center platform.
It also expanded its Bloom Energy investment program from
$5B to
$25B in planned capital spending.
Management intends to merge BIP and BIPC into a single publicly traded company in Q4 2026, pending approvals.
Quarterly distribution was increased to
$0.455 per unit, up 6% from a year ago.
0 replies
