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Brookfield Infrastructure Ord Shs Class A T.BIPC

Alternate Symbol(s):  BIPC

Brookfield Infrastructure Corporation is a global infrastructure company. The Company owns and operates assets in the utilities, transport, midstream and data sectors across North and South America, Asia Pacific, and Europe. It owns interests in a regulated gas and electricity business in the United Kingdom, a regulated natural gas transmission business in Brazil and a global intermodal logistics operation. Its regulated gas transmission operation in Brazil operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais. Its regulated distribution operation is the independent last-mile, multi-utility connection provider, with approximately 4.5 million connections. The Company’s global intermodal logistics operation is the world’s largest lessor of intermodal containers with a fleet of over four million containers representing seven million twenty-foot equivalent units (TEUs).


TSX:BIPC - Post by User

Comment by zalmonellaon Dec 07, 2021 11:10am
91 Views
Post# 34206319

RE:Strong Chart

RE:Strong ChartStrength?  What strength?  Apart from the pump to get the IPL deal through, the chart is where it was last year. And I think you're a bit optimistic looking for a "steady rise".  The MD&A doesn't say they're having any troubler getting gas to distribute in Britain, but everyone is, so I'm sure that's true for BIPC too.

I'm sure some of the capital they just raised was likely for the British gas system expansion that they said they would spend $466M on, and a bit for Heartland (I think IPL last said they needed another $150M to finisht he job, so just double that, will ya? But the rest?  Are they shopping around for something else?

If nothing else, they've bumped up the divvy next March, so that might provide a teeny bit of buzz next year, but what with all the recourse loans and non-rcourse loans and three different shares, the rest of the business is too complex to value properly, so you're stuck with whatever news trickles out that people think might give it a bump.
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