04:32:00 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Brookfield Infrastructure Partners LP
Symbol BIP
Shares Issued 458,747,440
Close 2023-07-17 C$ 47.20
Market Cap C$ 21,652,879,168
Recent Sedar Documents

Globe says Brookfield Infra seen as good for long term

2023-07-17 07:29 ET - In the News

The Globe and Mail reports in its Monday edition that Nick Szucs at Leith Wheeler in Vancouver favours Brookfield Infrastructure Partners LP as a good long-term holding, being 10 years or more. The Globe's Brenda Bouw writes that Brookfield Infrastructure Partners is one of the world's largest infrastructure owners and operators with a demonstrated ability to identify underperforming or undervalued assets effectively, invest in improving these assets, and sell them for a high return on investment in the future. Sale proceeds from these mature and derisked assets are then used to finance new investments, providing a differentiated capital source. Mr. Szucs believes the company can protect margins during high inflation periods through contractual inflation indexation within its portfolio of assets. Its infrastructure assets are also long duration and can be financed using long-term and fixed-rate capital structures. He adds that the company also continues to evolve, diversifying its exposure in recent years from old-economy businesses into more modern infrastructure assets. The risks include global economic uncertainty, increased competition in the infrastructure asset class and prolonged higher interest rates.

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