(BIP-UN) Brookfield Infrastructure - Ratings and Ratios

Brookfield Infrastructure Partners L.P. (BIP-UN) is a leading global infrastructure company that owns and operates a diverse portfolio of utilities, transport, midstream, and data businesses across North and South America, Europe, and the Asia Pacific. With a strong market position and a history dating back to its incorporation in 2007, BIP is a subsidiary of Brookfield Corporation, headquartered in Hamilton, Bermuda. This structure provides BIP with the backing of a well-established parent company, enhancing its credibility and operational capabilities.

The Utilities segment is a cornerstone of BIPs operations, managing approximately 2,900 km of electricity transmission lines and 4,200 km of natural gas pipelines. It serves over 8.1 million electricity and natural gas connections, complemented by 0.6 million long-term sub-metering services. Beyond energy distribution, the segment offers heating, cooling, and energy solutions, as well as home services like water heaters and HVAC rentals. This diversified approach positions BIP to capitalize on the growing demand for efficient and reliable energy solutions, especially as the world shifts towards renewable energy sources.

BIPs Transport segment is another key contributor, providing comprehensive logistics and transportation services. With a network spanning 22,000 km of track, 5,500 km of rail, and 3,300 km of motorways, this segment is pivotal in the movement of goods and commodities. The integration of storage and handling services further enhances its logistical capabilities, making it a critical player in global supply chains. This segments resilience is underscored by its ability to adapt to evolving trade dynamics and increasing demand for efficient transportation solutions.

The Midstream segment is vital for energy infrastructure, operating 15,000 km of natural gas transmission pipelines, 570 billion cubic feet of storage, and 17 processing plants. Additionally, it manages 10,600 km of gas gathering pipelines and produces 525,000 tonnes of polypropylene annually. This segments strategic importance is amplified by the global focus on energy security and the need for robust midstream infrastructure to support both current and future energy demands.