Earnings ·
Brookfield Infrastructure reports Q3 FFO per unit of $0.91, up 10% year-over-year
BIPCBrookfield Infrastructure Corp
Brookfield Infrastructure Partners L.P. reported third-quarter funds from operations (FFO) of $717 million, or $0.91 per unit, representing 10% growth compared to the prior year period. Net income for the quarter was $69 million, down from $440 million in the previous year, primarily due to lower gains on asset sales. The results were driven by strong organic growth across the portfolio, including a 25% increase in FFO from the data segment and contributions from recently commissioned capital projects. The company also highlighted strategic initiatives, including a partnership with NAVER for AI infrastructure and ongoing capital recycling efforts. Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality assets in utilities, transport, midstream, and data sectors.