Brookfield Infrastructure Announces Sale of NGPL Amidst Strong Capital Recycling Momentum
Portfolio Pulse from
Brookfield Infrastructure Partners (BIP) has signed an agreement to sell its remaining 25% stake in a U.S. gas pipeline, generating over $1.7 billion with an 18% IRR. Simultaneously, the company is progressing a data center portfolio sale, having already signed an agreement to sell a 30% interest for approximately $460 million. These transactions contribute to the company's goal of $5-6 billion in asset sales over the next two years.
March 21, 2025 | 8:45 pm
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POSITIVE IMPACT
Sale of gas pipeline and partial data center portfolio stake demonstrates BIP's effective capital recycling strategy, potentially attracting investors seeking active portfolio management.
The successful asset sales at attractive multiples, combined with progress towards stated monetization goals, signals strong management execution and potential for value creation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100