- Brookfield Infrastructure Partners follows a time-tested strategy of investing in largely regulated or contracted assets, seeing that they're run well, and then selling when attractive exit opportunities arrive.
- BIP's strategy has generated double-digit AFFO growth over the last decade and strong annualized returns for unitholders.
- Between capital recycling and other capital sources, BIP could deploy close to $4B to acquire new cash-generating assets, and BIP is currently involved in an attempted acquisition of Inter Pipeline.
- Adjusted free cash flow growth of over 7% (and AFFO growth of around 7% to 8%) growth can support a mid-to-high $50s fair value for the units.
For further details see:
Rinse-And-Repeat Is Fine For Brookfield Infrastructure Partners