Brookfield Infrastructure Completes Gas Pipeline Sale, Plans Further Asset Divestitures
Brookfield Infrastructure Completes Gas Pipeline Sale, Plans Further Asset Divestitures

Brookfield Infrastructure Completes Gas Pipeline Sale, Plans Further Asset Divestitures

News summary

Brookfield Infrastructure Partners LP announced its complete exit from the U.S. gas pipeline business by selling its remaining 25% stake, generating total proceeds of over $1.7 billion and achieving an 18% internal rate of return (IRR). This sale, combined with previous financing, has yielded over $900 million in proceeds in the last 18 months. Additionally, the firm has initiated the sale of a 30% interest in a European data center portfolio for approximately $460 million, marking the first step in its monetization strategy. CEO Sam Pollock highlighted that the company has secured over $700 million from asset sales since the beginning of 2025. Brookfield's proactive asset monetization strategy aims to raise $5 to $6 billion over the next two years, although potential market volatility and regulatory changes present risks to future transactions.

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