Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 182

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 4
Chunk 182
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 customers on a cost-efficient basis. If we do so, we will be in a position to earn an appropriate risk adjusted return on our rate base and strengthen our market position. Our performance can be measured by the growth in our rate base, the return on our rate base, and the growth in our AFFO.

Our utilities segment is comprised of the following:

Regulated Transmission

•Approximately 2,900 kilometers of operational electricity transmission lines in Brazil

•Approximately 3,900 kilometers of natural gas pipelines in North America, Brazil, and India

Commercial and Residential Distribution

•Approximately 8.4 million connections, predominantly electricity and natural gas

• Provides residential decarbonization infrastructure, including heating, ventilation, and air conditioner (“ HVAC”) and water products including heating and purification, as well as other essential home services to approximately 10.4 million customers with approximately 17.2 million policies and 1.7 million rental contracts in Canada, the United States, Germany, and the U. K.

•Over 0.7 million long-term contracted sub-metering services within Canada and the United States

•Approximately 2.8 million meters under management in Australia and New Zealand

Regulated Transmission

Our regulated electricity transmission operation in Brazil includes four different concessions and is comprised of approximately 2,900 kilometers of operating electricity transmission lines. We have invested a total of $80 million into the lines with approximately 200 kilometers completed in 2024. These are 30-year concession assets that earn inflation indexed cash flows under an availability-based regulatory framework.

Our regulated gas transmission operation in Brazil operates over 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo and Minas Gerais. The total capacity of 158 million cubic meters is fully contracted under long-term “ship-or-pay”, inflation adjusted gas transportation agreements (“ GTAs”) that have an average remaining life of 5 years with the assets operating under a perpetual contract.

Our regulated gas transmission business in Mexico operates nearly 450 kilometers of pipeline which connects low-cost supply basins in the United States to the key gas demand region of Mexico. The total capacity of 1.44 billion cubic feet (“ Bcf”) is fully contracted under long-term take-or-pay agreements under an availability-based regulatory framework.

Our regulated gas transmission operation in India includes approximately 1,500 kilometers of natural gas transmission pipeline systems across the country. The system includes 11 compressor stations with over 900 megawatts of installed power and two pipeline