Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 180

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 4
Chunk 180
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 approved plan of arrangement under the BCBCA (the “ Arrangement”) pursuant to which (i)                                                                                
                                     holders of class A exchangeable subordinate voting shares of BIHC,                                                                                                                                    
                                     other than Brookfield, received BIPC exchangeable shares in                                                                                                                                           
                                     exchange for their class A exchangeable subordinate voting shares of                                                                                                                                  
                                     BIHC on a one-for-one basis; (ii) Brookfield transferred its class A                                                                                                                                  
                                     exchangeable subordinate voting shares of BIHC to BIPC in                                                                                                                                             
                                     exchange for class A.2 exchangeable shares on a one-for-one basis;                                                                                                                                    
                                     (iii) the class A exchangeable subordinate voting shares of BIHC were                                                                                                                                 
                                     delisted; and (iv) the exchangeable shares of BIPC were listed on the                                                                                                                                 
                                     NYSE and the TSX. The exchangeable shares are listed on the TSX and the NYSE under the symbol “ BIPC”.                                                                                                
  December 2024      Transport:      On December 24 2024, Brookfield Infrastructure agreed to the sale of 33% of its interest in a subsidiary of our global intermodal logistics operation, which owns and leases stabilized intermoda...  
  December 2024      Data:           On December 30, 2024, Brookfield Infrastructure sold its fiber platform within its French telecom infrastructure business for proceeds of $100 million.                                               
  December 2024      Data:           On December 31, 2024, Brookfield Infrastructure, through our North American hyperscale data center platform, secured the sale of a non-core site to a technology company. The sale is expected to...  
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For a description of our principal capital expenditures in the last three fiscal years, see Item 5. B, “ Liquidity and Capital Resources - Capital Reinvestment” and Note 32, “ Contractual Commitments” in our financial statements included in this annual report on Form 20-F.

70 Brookfield Infrastructure

4. B BUSINESS OVERVIEW

Our Operations

We own a portfolio of infrastructure assets that are diversified by sector and by geography. We have a stable cash flow profile with approximately 90% of our Adjusted EBITDA supported by regulated or contracted revenues. In order to assist our unitholders and preferred unitholders in evaluating our performance and assessing our value, we group our