Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 522

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 19
Chunk 522
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2024, Brookfield Infrastructure, alongside institutional partners (the “ Chimarrão consortium”), exercised its option to acquire an additional 15 22 72 31 100

Consideration Transferred:

  US$ MILLIONS                                         
  Cash                                     $       22  
  Pre-existing interest in businesses      33          
  Total consideration                      $       55  

Fair value of assets and liabilities acquired (provisional)(1):

  US$ MILLIONS                                                     
  Cash and cash equivalents                                     $  
  Accounts receivable and other                                22  
  Intangible assets                                           619  
  Accounts payable and other liabilities                    ( 52)  
  Non-recourse borrowings                                  ( 359)  
  Deferred income tax liabilities                           ( 63)  
  Net assets acquired before non-controlling interest         178  
  Non-controlling interest (2)                             ( 123)  
  Net assets acquired                                          55  

(1) The fair values of certain acquired assets and liabilities for these operations have been determined on a provisional basis given the proximity of the acquisitions to the reporting date, pending finalization of the determination of the fair values of the acquired assets and liabilities. Our partnership is in the process of obtaining additional information primarily in order to assess the fair values of intangible assets and deferred income taxes as at the date of the acquisition.

(2) Non-controlling interest represents the interest not acquired by Brookfield Infrastructure, measured at fair value at the acquisition dates.

F-40 Brookfield Infrastructure

  BROOKFIELD INFRASTRUCTURE PARTNERS L. P.                                                   
  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)                                     
  As of December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022  

(b) Acquisition of an Indian telecom tower operation

On September 12, 2024, Brookfield Infrastructure, alongside institutional partners (the “ ATC India consortium”), completed the acquisition of ATC Telecom Infrastructure Private Limited (“ ATC India”), an Indian telecom tower operation for total consideration of approximately $ 2.0 140 0.8 16 5

Consideration Transferred:

  US$ MILLIONS                     
  Cash                     $2,041  
  Total consideration      $2,041  

Fair value of assets and liabilities acquired (provisional)(1):

  US$ MILLIONS                                                   
  Cash and cash equivalents                        $        368