Brookfield Infrastructure Partners (BIP) is a publicly-traded limited partnership fund that acquires and manages infrastructure assets globally. I'm bullish on the stock. (See today’s best-performing stocks on TipRanks) Recent Acquisitions The fund has made two critical acquisitions ahead of the implementation of the U.S.'s $1 trillion infrastructure bill. On September 3, Brookfield closed an additional 4.3% stake in Inter Pipeline (raising its ownership to 73%). Brookfield now owns a controlling interest in the energy infrastructure company and has the capacity to implement restructuring processes to the advantage of Brookfield's shareholders. In addition to expanding its pipeline portfolio, Brookfield Infrastructure has recently agreed to a deal with Next Era Energy to purchase 19.
https://www.tipranks.com/news/article/brookfield-infrastructure-perfect-timing-for-energy-portfolio-expansion?utm_source=advfn.com&utm_medium=referral
Brookfield Infrastructur... (NYSE:BIP)
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