Brookfield Infrastructure announces at-the-market equity issuance program for up to US$400 million

Torys acted as counsel to Brookfield Infrastructure with a team that included Karrin Powys-Lybbe, Jonathan Cescon and Michael Murphy Andrea Das-Wieczorek (corporate/Canadian securities) Mile Kurta, Chris Bornhorst, Daniel Masliyah, Connor Murray and Maija Fiorante (corporate/U.S. securities).

On November 19, 2025, Brookfield Infrastructure Corporation (“BIPC”) announced that it made the necessary Canadian and U.S. securities filings to enable an “at the market” equity issuance program (the “ATM Program”).

Under the ATM Program, BIPC may, at its discretion, offer and sell up to US$400 million (or the Canadian dollar equivalent) of Class A exchangeable subordinate voting shares directly from treasury. These shares may be sold to the public from time to time at prevailing market prices through the Toronto Stock Exchange, the New York Stock Exchange or any other marketplace in Canada or the United States where the shares may be traded. As a result, sale prices of the shares sold under the ATM Program, if any, may vary among purchasers and throughout the distribution period. The ATM Program will provide BIPC with flexibility to issue shares directly into the market at times when conditions are favorable.

Each share will be exchangeable at the option of the holder for one non-voting limited partnership unit of Brookfield Infrastructure Partners L.P. or its cash equivalent.

Brookfield Infrastructure intends to use the net proceeds from the ATM Program to facilitate repurchases by the Brookfield Infrastructure Partners L.P. of its non-voting limited partnership unit under its normal course issuer bid program and for general corporate purposes.

Further information can be found on Globe Newswire’s website.

Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. It is focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P., a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation, a Canadian corporation.