Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 176

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 4
Chunk 176
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 our website is not part of this annual report on Form 20-F.

History and Development of our Business

Our partnership, Brookfield Infrastructure Partners L. P., is a Bermuda exempted limited partnership that was established on May 21, 2007 under the provisions of the Bermuda Exempted Partnership Act of 1992 (“ Bermuda Exempted Partnerships Act”) and the Bermuda Limited Partnership Act. Our registered office is 73 Front Street, 5th Floor, Hamilton HM 12, Bermuda and our telephone number at this address is +1-441-294-3309. Our partnership was spun-off from Brookfield on January 31, 2008.

The following table outlines the significant events in the history and development of our business during the past three fiscal years. Descriptions reflect the facts and circumstances of each event using information available at the time of reporting. Descriptions related to events prior to the current fiscal year may not be reflective of our partnership’s current operations:

  Date               Segment         Event                                                                                                                                                                                                 
  January 2022       Corporate:      On January 21, 2022, BIP Bermuda Holdings I Limited issued $300 million aggregate principal amount of perpetual subordinated notes with a coupon of 5.125% per annum. The notes are fully and unc...  
  February 2022      Utilities:      On February 16, 2022, Brookfield Infrastructure acquired an approximate 8% interest in AusNet Services Ltd., an Australian regulated utility, for total equity consideration of approximately $50...  
  March 2022         Data:           On March 10, 2022, Brookfield Infrastructure acquired an effective 17% interest in an Indian telecommunications business, for total consideration of approximately $30 million.                       
  March 2022         Corporate:      On March 31, 2022, our partnership redeemed all of its outstanding Series 7 Preferred Units, for $243 million.                                                                                        
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66 Brookfield Infrastructure

  Date                Segment         Event                                                                                                                                                                                                 
  April 2022          Utilities:      On April 1, 2022, Brookfield Infrastructure acquired an approximate 13% interest in an Australian smart meter business, for total equity consideration of $215 million.                               
  April 2022          Corporate:      On April 25, 2022, Brookfield Infrastructure Finance ULC