BIPC | Market Cap: $5.2B (07/13/26)
Industry:
Utilities Midstream Energy Transportation
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DESCRIPTION

Brookfield Infrastructure Corporation (BIPC) is a publicly traded infrastructure company that owns and operates three core businesses: Brazilian regulated gas transmission, U.K. regulated utility distribution, and global intermodal container leasing. In Brazil, BIPC holds a ~31% economic interest in Nova Transportadora do Sudeste (NTS), which operates over 2,000 km of natural gas pipelines serving roughly half of Brazil's natural gas demand. NTS revenues are fully contracted under long-term "ship-or-pay" agreements, where customers pay regardless of usage, with inflation-adjusted tariffs. In the U.K., BIPC owns 80% of BUUK Infrastructure, the leading independent last-mile multi-utility connection provider, with ~3.5 million operating connections to residential and commercial properties. BUUK earns regulated, inflation-linked fees from energy retailers, with revenue independent of volumes transported. BIPC also holds a ~27% economic interest in Triton International, the world's largest intermodal shipping container lessor, with a fleet of ~7.4 million TEUs leased primarily to major global shipping lines. BIPC is externally managed by Brookfield Asset Management and was created in 2020 as a corporate alternative to Brookfield Infrastructure Partners, with each BIPC share exchangeable one-for-one with a partnership unit. BIPC grows through organic rate base expansion, acquisitions sourced via Brookfield's deal pipeline, and capital recycling — selling stabilized assets and redeploying proceeds into higher-return opportunities.

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