Brookfield Infrastructure Partners

Brookfield Infrastructure Announces Reset Dividend Rate on Its Series 1 Senior Preferred Shares

Retrieved on: 
Monday, March 4, 2024

BROOKFIELD, NEWS, March 04, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that BIP Investment Corporation (“BIPIC”), a wholly-owned subsidiary of Brookfield Infrastructure, has determined the fixed dividend rate on its Senior Preferred Shares, Series 1 (“Series 1 Shares”) (TSX: BIK.PR.A) for the five years commencing April 1, 2024 and ending March 31, 2029.

Key Points: 
  • BROOKFIELD, NEWS, March 04, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that BIP Investment Corporation (“BIPIC”), a wholly-owned subsidiary of Brookfield Infrastructure, has determined the fixed dividend rate on its Senior Preferred Shares, Series 1 (“Series 1 Shares”) (TSX: BIK.PR.A) for the five years commencing April 1, 2024 and ending March 31, 2029.
  • Holders of Series 1 Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on March 18, 2024, to convert all or part of their Series 1 Shares, on a one-for-one basis, into Senior Preferred Shares, Series 2 (“Series 2 Shares”), effective March 31, 2024.
  • Holders of Series 1 Shares are not required to elect to convert all or any part of their Series 1 Shares into Series 2 Shares.
  • As provided in the share provisions of the Series 1 Shares, (i) if BIPIC determines that there would be fewer than 500,000 Series 1 Shares outstanding after March 31, 2024, all remaining Series 1 Shares will be automatically converted into Series 2 Shares on a one-for-one basis effective March 31, 2024; or (ii) if BIPIC determines that there would be fewer than 500,000 Series 2 Shares outstanding after March 31, 2024, no Series 1 Shares will be converted into Series 2 Shares.

Brookfield Infrastructure to Host Fourth Quarter 2023 Results Conference Call

Retrieved on: 
Monday, January 1, 2024

BROOKFIELD, NEWS, Jan. 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its fourth quarter 2023 conference call and webcast on Thursday, February 1, 2024 at 9:00 a.m. (ET).

Key Points: 
  • BROOKFIELD, NEWS, Jan. 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its fourth quarter 2023 conference call and webcast on Thursday, February 1, 2024 at 9:00 a.m. (ET).
  • Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at https://bip.brookfield.com .
  • Participants can join by conference call or webcast:
    Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN.
  • This process will bypass the operator and avoid the queue.

Brookfield Infrastructure Announces Reset Distribution Rate on Its Series 11 Preferred Units

Retrieved on: 
Monday, December 4, 2023

BROOKFIELD, News, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that it has determined the fixed distribution rate on its Cumulative Class A Preferred Limited Partnership Units, Series 11 (“Series 11 Units”) (TSX: BIP.PR.F) for the five years commencing January 1, 2024 and ending December 31, 2028.

Key Points: 
  • BROOKFIELD, News, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that it has determined the fixed distribution rate on its Cumulative Class A Preferred Limited Partnership Units, Series 11 (“Series 11 Units”) (TSX: BIP.PR.F) for the five years commencing January 1, 2024 and ending December 31, 2028.
  • Holders of Series 11 Units have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on December 18, 2023, to reclassify all or part of their Series 11 Units, on a one-for-one basis, into Cumulative Class A Preferred Limited Partnership Units, Series 12 (“Series 12 Units”), effective December 31, 2023.
  • Holders of Series 11 Units are not required to elect to reclassify all or any part of their Series 11 Units into Series 12 Units.
  • As provided in the unit conditions of the Series 11 Units, (i) if Brookfield Infrastructure determines that there would be fewer than 1,000,000 Series 11 Units outstanding after December 31, 2023, all remaining Series 11 Units will be automatically reclassified into Series 12 Units on a one-for-one basis effective December 31, 2023; or (ii) if Brookfield Infrastructure determines that there would be fewer than 1,000,000 Series 12 Units outstanding after December 31, 2023, no Series 11 Units will be reclassified into Series 12 Units.

Genesee & Wyoming’s Rail Link, Inc. Switching Subsidiary Wins Five New Contracts across Multiple Industries and Geographies

Retrieved on: 
Monday, November 27, 2023

Genesee & Wyoming Inc. (G&W) today announced that its railcar switching subsidiary, Rail Link, Inc., has secured five new contracts across the U.S. since September.

Key Points: 
  • Genesee & Wyoming Inc. (G&W) today announced that its railcar switching subsidiary, Rail Link, Inc., has secured five new contracts across the U.S. since September.
  • “Rail Link’s value proposition and longstanding experience with a variety of commodities are clearly resonating with customers in multiple industries and geographies who are looking for safe, efficient and competitive transportation services,” says Jason Bradt, vice president of Rail Link operations.
  • More information about Rail Link, which was founded in 1996, and its suite of services can be found at https://gwrr.com/industrial-switching .
  • About Genesee & Wyoming Inc.
    G&W owns or leases 116 freight railroads with 7,300 employees serving 3,000 customers.

Elastic Signs Strategic Collaboration Agreement with AWS to Accelerate Generative AI Solutions

Retrieved on: 
Thursday, November 16, 2023

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced a new two-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to make it easier for shared customers to advance their pursuit of generative artificial intelligence (AI) using Elastic Cloud on AWS.

Key Points: 
  • Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced a new two-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to make it easier for shared customers to advance their pursuit of generative artificial intelligence (AI) using Elastic Cloud on AWS.
  • Amazon Bedrock is a fully managed service that makes foundation models from leading AI providers accessible via an API to build and scale generative AI applications.
  • The Elastic AI Assistant utilizes generative AI to bolster an organization’s cybersecurity operations team.
  • “This new collaboration with AWS demonstrates our shared commitment to helping customers enhance their conversational AI experiences to strengthen customer service and boost productivity,” said Laurent Mechain, vice president, Strategic Alliances, Elastic.

Brookfield Infrastructure Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

Current quarter results benefited from the expansion of our residential decarbonization infrastructure platform in North America and Europe, following the acquisition of HomeServe in January 2023.

Key Points: 
  • Current quarter results benefited from the expansion of our residential decarbonization infrastructure platform in North America and Europe, following the acquisition of HomeServe in January 2023.
  • The transport segment generated FFO of $205 million for the quarter, with organic growth of 7% compared to the same period last year.
  • Brookfield Infrastructure invested approximately $1.2 billion for a 28% interest, funded primarily using new BIPC shares as transaction consideration.
  • Investors, analysts and other interested parties can access Brookfield Infrastructure’s Third Quarter 2023 Results, as well as Letter to Unitholders and Supplemental Information, under the Investor Relations section at https://bip.brookfield.com .

Mexico Data Center Colocation Market Supply & Demand Analysis Report 2023-2028 with Focus on 12 Existing Colocation Operators and 4 New Colocation Operators - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 26, 2023

The "Mexico Data Center Colocation Market - Supply & Demand Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mexico Data Center Colocation Market - Supply & Demand Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The Mexico Data Center Colocation Market is experiencing substantial growth, driven by an unceasing demand fueled by digitalization initiatives.
  • Global operators are strategically leveraging mergers and joint ventures (JVs) as their entry points into the thriving Mexico data center colocation market.
  • The study of the existing Mexico data center market landscape, and insightful predictions about Mexico data center market size during the forecast period.

Mexico Data Center Colocation Market Analysis Report 2023: Market to Reach a Value of $550 Million by 2028 - Submarine Connectivity Expansion Spurring Colocation Growth

Retrieved on: 
Monday, October 23, 2023

DUBLIN, Oct. 23, 2023 /PRNewswire/ -- The "Mexico Data Center Colocation Market - Supply & Demand Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 23, 2023 /PRNewswire/ -- The "Mexico Data Center Colocation Market - Supply & Demand Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The Mexico data center colocation is expected to reach a value of $550 million by 2028 from $206 million in 2022, growing at a CAGR of 17.78 from 2022-2028.
  • The Mexico Data Center Colocation Market is experiencing substantial growth, driven by an unceasing demand fueled by digitalization initiatives.
  • The study of the existing Mexico data center market landscape, and insightful predictions about Mexico data center market size during the forecast period.

Brookfield Infrastructure Announces Automatic Purchase Plans

Retrieved on: 
Monday, October 2, 2023

BROOKFIELD, NEWS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) today announced that, in connection with its previously announced normal course issuer bid, it has entered into an automatic purchase plan with its designated broker.

Key Points: 
  • BROOKFIELD, NEWS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) today announced that, in connection with its previously announced normal course issuer bid, it has entered into an automatic purchase plan with its designated broker.
  • Brookfield Infrastructure Corporation (“BIPC”) (NYSE/TSX: BIPC) also today announced that, in connection with its previously announced normal course issuer bid, it has entered into an automatic purchase plan with its designated broker.
  • Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation.
  • Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with approximately US$850 billion of assets under management.

Brookfield Infrastructure to Host Third Quarter 2023 Results Conference Call

Retrieved on: 
Monday, October 2, 2023

BROOKFIELD, NEWS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its third quarter 2023 conference call and webcast on Wednesday, November 1, 2023 at 9:00 a.m. (ET).

Key Points: 
  • BROOKFIELD, NEWS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its third quarter 2023 conference call and webcast on Wednesday, November 1, 2023 at 9:00 a.m. (ET).
  • Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at https://bip.brookfield.com .
  • Participants can join by conference call or webcast:
    Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN.
  • This process will bypass the operator and avoid the queue.