Brookfield Infrastructure Partners L.P. announced its second-quarter results, reporting a net income of $69 million, a substantial increase from the previous year. Funds from operations for the quarter were $638 million, a 5% increase from the same period last year. The company made three major acquisitions and generated significant proceeds from asset sales.
The utilities segment generated $187 million in FFO, slightly ahead of the prior year. The transport segment reported FFO of $304 million, while the midstream segment saw a 10% increase in FFO. The data segment experienced a 45% increase in FFO. Brookfield Infrastructure also closed a $9 billion acquisition of Colonial, the largest refined products pipeline system in the U.S.
Brookfield Infrastructure continues to deploy capital, recently acquiring Hotwire, a leading provider of bulk fiber-to-the-home services. The company also entered into an agreement to acquire a leading railcar leasing platform, with a total purchase price of approximately $5.3 billion. The company is focused on self-funding its growth initiatives through strategic investments.
The Board of Directors declared a quarterly distribution of $0.43 per unit, representing a 6% increase from the previous year. Brookfield Infrastructure is focused on delivering strong returns to its unitholders through strategic investments and capital recycling initiatives. Investors can access the company’s financial results and information through its Investor Relations section online.
Read more at GlobeNewswire: Brookfield Infrastructure Reports Solid Second Quarter 2025