Brookfield Infrastructure Partners (BIP) investor relations material

Business overview and strategy

• Operates a globally diversified portfolio of utilities, transport, midstream, and data assets, generating stable cash flows underpinned by contractual and regulatory frameworks.

• Focuses on sustainability, embedding ESG criteria into investment processes and long-term value creation.

• Targets FFO per unit growth of over 10% and annual distribution growth of 5-9%, with a payout ratio of 60-70%.

• Employs a strategy of acquiring high-quality assets, enhancing operations, and recycling mature assets to fund new investments.

Asset base and diversification

• Holds $64B in enterprise value and $2.7B in LTM Q1 2026 FFO, with 85%+ of FFO in USD.

• Asset classes include utilities, transport, midstream, and data, diversified across Americas (69%), Europe (20%), and Asia Pacific (11%).

• Owns significant infrastructure: 3,500 km gas pipelines, 36,300 km rail, 309,000 telecom towers, and over 150 data centers.

Financial performance and stability

• Achieved 14% FFO CAGR (2009-2025) and 9% distribution CAGR (2009-2026F).

• 85% of FFO is contracted or regulated, with 85% protected from or indexed to inflation.

• Maintains a BBB+ credit rating, 90% fixed-rate debt, and an average debt maturity of seven years.