BIPI · NYSE · Specialty Business Services

BIP Bermuda Holdings I (BIPI)

Financing subsidiary behind Brookfield Infrastructure's perpetual subordinated notes.

$15.93
After hours0.00 (0.00%)
At close$15.93(−1.03%)
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BIP Bermuda Holdings I LimitedBIPI
Industrials

Issues perpetual subordinated notes within the Brookfield Infrastructure guarantor group rather than operating a standalone customer business. The listed security is unsecured, carries deferrable interest, and depends on contractual guarantees from the partnership and related holding companies.

Raises capital inside Brookfield Infrastructure's financing and guarantee structure rather than selling products or services to outside customers. The listed security is a perpetual subordinated note issued by a Bermuda holding subsidiary, while operating activity sits with the consolidated guarantor group.

Utilities, Transport, Midstream, and Data are the guarantor group's operating segments across the Americas, Europe, and Asia Pacific. The portfolio spans regulated distribution and transmission, rail and toll roads, pipelines and gas storage, and towers, fiber, and data centers. Capital recycling helps fund new infrastructure investments.

Interest can be deferred without an event of default, deferred amounts compound until paid, and distribution restrictions apply during deferral. The notes are unsecured and subordinated, with payment economics tied to the issuer and contractual guarantees from Brookfield Infrastructure Partners and related holding companies.

Company facts

CEOC. John Wilder
ListedJan 26, 2022
ExchangeNYSE
HeadquartersDallas, TX
CountryUnited States
CIK0001406234
ISINUS05554M1009

Market cap$12.80B
EPS (ttm)
P/E (ttm)
ROE
P/B
P/S
Dividend yieldDiv yield7.96%
Beta0.20vs XLI 0.01

No analyst consensus on record.

Not reported.

ProfitabilityRevenueNet incomeNet margin

Q3 FY09Q2 FY21Q2 FY22
Revenue$0$2.66B$3.68B
Net income$40.7M$1.31B$425.0M
Net margin49.0%11.5%

GrowthOperating income

Q3 FY09Q2 FY21Q2 FY22
Operating income$0$2.01B$930.0M
YoY growth−53.8%

Balance sheet, Jun 30, 2022Cash & short-term investments $30.0M · Total debt $0 · Total assets $878.0M · Shareholders' equity $0

Revenue
$3.68B
Operating income
$930.0M
Net income
$425.0M
View details

Dividend yield
7.96%
Next ex-date
Dec 15, 26
estimated · in 84 days
Annual dividend
$1.28
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.3203$0.3203$0.3203$0.3203$0.3203$0.3203$0.3203$0.3203
Annual yield7.37%7.48%7.94%7.21%7.56%7.75%7.84%7.95%
Ex-dateDec 16Mar 14Jun 13Sep 15Dec 16Mar 16Jun 15Sep 15
Payment dateDec 31Mar 31Jun 30Sep 30Dec 31Mar 31Jun 30Sep 30
View details

794.96M company shares as of Aug 25, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Bank of MontrealStrategic
7.20% of class, as filedfiled Feb 15, 2022
Clearbridge Investments, LLCInstitution
4.03% of class, as filedfiled Feb 14, 2017
Principal Global Investors, LLCInstitution
5.80% of class, as filedfiled May 12, 2026
The Bank of Nova ScotiaInstitution
5.90% of class, as filedfiled Oct 10, 2024
BROOKFIELD Corp /ON/1Strategic10 percent owner
12.73%101.16Mfiled Oct 10, 2023
  1. Last filed Oct 10, 2023; leaving the company requires no filing. Not in the bar.

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Not reported.