Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 220

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 4
Chunk 220
---
 the evaluation, execution, risk management and financing of development projects and acquisitions;

• project development capabilities, with expertise in negotiating commercial arrangements (including offtake arrangements and engineering, procurement and construction contracts), obtaining required permits and managing construction of network upgrades and expansions, as well as greenfield projects;

104 Brookfield Infrastructure

• operational expertise, with considerable experience optimizing sales of its products and structuring and executing contracts with end users to enhance the value of its assets; and

• development and retention of the highest quality people in its operations.

Our partnership does not employ any of the individuals who carry out the current management of our partnership. The personnel that carry out these activities are employees of Brookfield, and their services are provided to our partnership or for our benefit under the Master Services Agreement. For a discussion of the individuals from Brookfield’s management team that are expected to be involved in our infrastructure business, see Item 6. A “ Directors and Senior Management - Our Management.”

Our General Partner

Our General Partner serves as our partnership’s general partner and has sole authority for the management and control of our partnership, which is exercised exclusively by its board of directors in Bermuda. Our partnership’s managing general partnership interest in the Holding LP, which consists of Managing General Partner Units, entitles our partnership to serve as the Holding LP’s managing general partner, with sole authority for management and control of the Holding LP, which is exercised exclusively through the board of directors of our General Partner.

See also the information contained in this annual report on Form 20-F under Item 3. D “ Risk Factors - Risks Relating to Our Partnership Structure,” Item 3. D “ Risk Factors - Risks Relating to our Relationship with Brookfield,” Item 6. A “ Directors and Senior Management,” Item 7. B “ Related Party Transactions,” Item 10. B “ Memorandum and Articles of Association - Description of Our Units, Preferred Units and Our Limited Partnership,” Item 10. B “ Memorandum and Articles of Association - Description of the Holding LP’s Limited Partnership Agreement” and Item 7. A “ Major Shareholders.”

The Holding LP and Holding Entities

Our partnership indirectly holds its interests in operating entities through the Holding LP and the Holding Entities. The Holding LP owns all of the common shares of the Holding Entities. Brookfield has provided an aggregate of $20 million of working capital to certain Holding Entities through a subscription for preferred shares of such Holding Entities. These preferred shares are entitled to receive a cumulative preferential dividend equal to 6