Brookfield infrastructure announces sale of ngpl amidst strong capital recycling momentum

Brookfield, news, march 21, 2025 (globe newswire) -- brookfield infrastructure partners l.p. (“bip”) (nyse: bip; tsx: bip.un) signed an agreement to sell its remaining 25% interest in its u.s. gas pipeline to one of the business's existing owners. this sale represents a complete and successful exit of the business, generating total proceeds of over $1.7 billion, crystalizing an attractive 18% irr and a 3x multiple of capital on our investment since our recapitalization in 2015.
BIP Ratings Summary
BIP Quant Ranking