Brookfield Infrastructure Corporation is a subsidiary of Brookfield Asset Management, a global alternative asset manager. The company owns and operates a diversified portfolio of infrastructure assets, including utilities, transportation, energy, and data infrastructure, primarily in North America. Brookfield Infrastructure Corporation is focused on acquiring and operating high-quality infrastructure assets that generate stable cash flows and have the potential for long-term growth.
Brookfield Infrastructure Corporation plans to continue to grow and diversify its infrastructure portfolio in the future. The company is focused on investing in high-quality infrastructure assets that are essential to the communities and businesses they serve. Brookfield Infrastructure Corporation is also committed to sustainability and investing in renewable energy and other environmentally-friendly infrastructure assets.
Brookfield Infrastructure Corporation has a strong financial performance, with consistent revenue growth and profitability. In 2021, the company reported total revenue of US$2.7 billion, an increase of 7% from the previous year. Net income for the same period was US$703 million, an increase of 5% from the previous year. Brookfield Infrastructure Corporation's strong financial performance can be attributed to its diversified portfolio of infrastructure assets and its focus on acquiring high-quality, cash-flowing assets.
Brookfield Infrastructure Corporation's stock has performed well in recent years, with a steady increase in value. As of March 2023, the stock was trading at around US$47 per share, with a market capitalization of around US$9 billion. The company's strong financial performance and focus on sustainable, high-quality infrastructure assets make it an attractive investment opportunity for many investors.
In conclusion, Brookfield Infrastructure Corporation is a subsidiary of Brookfield Asset Management that owns and operates a diversified portfolio of infrastructure assets primarily in North America. The company plans to continue to grow and diversify its portfolio in the future, with a focus on sustainable infrastructure assets. Brookfield Infrastructure Corporation has a strong financial performance with consistent revenue growth and profitability, and its stock has performed well in recent years. The company's focus on high-quality, cash-flowing infrastructure assets and commitment to sustainability make it an attractive investment opportunity for investors.