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 long-term value creation through active ownership, sustainability, and capital deployment aligned with digitalization, decarbonization, and deglobalization trends.

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

• Recycles mature assets to fund new investments and aims for a 12-15%+ IRR on new capital deployment.

Asset base and diversification

• Holds $64B in enterprise value with $3.3B LTM Q2 2026 FFO and $4.1B recourse debt.

• Asset mix includes utilities (25%), transport (35%), midstream (18%), and data (22%) based on FFO.

• Geographic exposure: Americas 69%, Europe 21%, Asia Pacific 10%.

• Key assets: 3,500 km gas pipelines, 36,300 km rail, 309,000 telecom towers, 150+ data centers, and a global decarbonization platform.

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.

• Self-funded model through capital recycling, retained cash flow, and robust liquidity.