Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 289

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 5
Chunk 289
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28, 2025. This distribution represents a 6% increase compared to the prior year. The regular quarterly dividends on the partnership preferred units have also been declared.

The total number of partnership units in the Holding LP outstanding was comprised of the following:

                                                        As of                                                
                                                        December 31, 2024                                    
  Redeemable Partnership Units, held by Brookfield                             190,299,956      190,299,956  
  Special General Partner Units                                                  2,400,631        2,400,631  
  Managing General Partner Units                                               461,855,350      461,343,972  
  Total                                                                        654,555,937      654,044,559  

During 2024 and 2023, our outstanding issued Redeemable Partnership Units (“ RPUs”) changed as follows:

                                         2024                                        2023                                    
  MILLIONS, EXCEPT UNIT INFORMATION      Book Value                                  Book Value                              
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Outstanding at beginning of year       $               2,628      190,299,956      $               2,728      193,587,223  
  Conversion of RPU to LP                —                                           (100)                      (3,287,267)  
  Outstanding at end of year             $               2,628      190,299,956      $               2,628      190,299,956  

In September 2023, Brookfield converted approximately 3 million of its RPUs held with a carrying value of approximately $100 million into an equivalent amount of LP units.

Brookfield Infrastructure 163

During 2024 and 2023, our outstanding issued Special General Partner Units changed as follows:

                                         2024                                              2023                               
  MILLIONS, EXCEPT UNIT INFORMATION      Book Value              Units                     Book Value                         
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Outstanding at beginning of year       $               19                 2,400,631      $               19      2,400,631  
  Outstanding at end of year             $               19                 2,400,631      $               19      2,400,631  

During 2024 and 2023, our outstanding issued Managing General Partner Units changed as follows:

                                         2024                                        2023                                    
  MILLIONS, EXCEPT