Brookfield Infrastructure's Strong Position in Driving Megatrend-Powered Growth
Repositioning the portfolio for more powerful growth
Brookfield Infrastructure is coming off a strong first quarter. The company's funds from operations (FFO) surged 11% compared to the prior-year period.
The company's data segment also had a quiet quarter as FFO was flat compared to the prior-year period.
A position of strength with a growth accelerator coming down the pipeline
The CEO highlighted that Brookfield continues to see 'significant activity across our global data center platform.' It currently has 670 megawatts (MW) of booked-but-not-built capacity expected over the next three years.
On top of that, the company previously partnered with Intel to invest $30 billion into building two semiconductor manufacturing facilities in Arizona.
Megatrend-powered growth
The company's investments in a global data center platform and semiconductor plants put it in a strong position to capitalize on the digitalization megatrend.
Brookfield Infrastructure, despite its potential, has not been fully credited by the market for its growth prospects, making it an enticing investment opportunity.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.