BIP · Brookfield Infrastructure Partners
AI read · Good for BIP
The AI's read
Growth came from higher prices tied to inflation, fuller use of assets, completed projects, and new investments. BIP said those investments earn more than the income lost from recent asset sales. The company has invested $1.8 billion in new projects so far this year and has $3.2 billion available for its plans. Recent asset sales also brought in cash for more investment.