Brookfield Infrastructure Partners (BIP) Registration Filing summary

Company overview and business model

• Operates as a Bermuda-based limited partnership focused on global infrastructure assets in utilities, transport, midstream, and data sectors, emphasizing contracted and regulated revenues for stable cash flows.

• BIPC, a British Columbia corporation, serves as a vehicle for owning and operating regulated gas transmission in Brazil, UK distribution, and global logistics, with plans to expand into similar sectors.

• The Arrangement restructures share classes to address Canadian tax law changes, maintaining economic equivalence for investors.

Financial performance and metrics

• As of September 30, 2024: $5.2B in corporate borrowings, $47.6B in non-recourse borrowings, $22.9B in other liabilities, $4.6B in partnership capital, and $105.2B total capitalization.

• 461.7M LP Units and 190.3M redeemable partnership units outstanding; all RPUs owned by Brookfield.

Use of proceeds and capital allocation

• No cash proceeds will be received from the issuance or delivery of LP Units upon exchange, redemption, or acquisition of Exchangeable Shares.