Brookfield sells 25% stake in U.S. gas pipeline

Brookfield Infrastructure Partners has announced the sale of its remaining 25% interest in a U.S. gas pipeline. The buyer is a current owner of the business. This sale concludes Brookfield's association with the pipeline and brings in over $1.7 billion in total proceeds. The sale has achieved an impressive 18% internal rate of return (IRR) and a threefold return on the company's investment since 2015. The recent financing related to this sale has helped Brookfield generate around $900 million in the last 18 months. Brookfield initially acquired a 27% stake in the pipeline and later increased it to 50% in partnership with another operator. During its time owning the pipeline, Brookfield expanded it to connect natural gas supplies to utility providers and LNG export facilities. In addition to the pipeline sale, Brookfield has taken steps in its data center monetization strategy. The company signed an agreement to sell a 30% interest in a European data center portfolio for about $460 million, which nets around $90 million for Brookfield. The company has made significant progress towards its goal of raising $5 to $6 billion from asset sales over the next two years. They have secured over $700 million so far in 2025 and expect that figure to rise with additional sales planned. Brookfield Infrastructure focuses on high-quality assets in sectors such as utilities, transport, and data, operating globally across the Americas, Asia Pacific, and Europe.