Brookfield Infrastructure Partners reported Funds from Operations (FFO) of $646 million for the first quarter ended March 31, 2025, a 5% increase over the prior year period. This growth was driven by strong inflation indexation, higher revenues across critical infrastructure networks, commissioning of over $1.3 billion of new capital, and contributions from tuck-in acquisitions.
The Utilities segment generated FFO of $192 million, slightly ahead of the prior year, while the Data segment saw a 50% increase in FFO to $102 million, attributed to strong organic growth and the Indian tower portfolio acquisition. The Transport segment's FFO was $288 million, and Midstream FFO reached $169 million, up 8% on a comparable basis.
The company secured $1.4 billion of sale proceeds during the quarter, including five advanced sale processes totaling approximately $1.2 billion net to BIP. This progress contributes to the goal of generating $5 to $6 billion in asset sale proceeds over the next two years.
A quarterly distribution of $0.43 per unit was declared, payable on June 30, 2025, representing a 6% increase compared to the prior year. This consistent distribution growth reflects the company's strong balance sheet and growing, highly contracted cash flow.
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