Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC) is coming off a solid showing in 2020. Despite significant headwinds from the COVID-19 outbreak, the global infrastructure operator grew its funds from operations (FFO) by 5.1% overall and 2.3% on a per-share basis. That growth amid such a turbulent year demonstrates its infrastructure portfolio’s resilience.
While 2020 was a solid year, Brookfield believes 2021 will be significantly better. Two catalysts drive its optimistic view, which CEO Sam Pollock detailed on the fourth-quarter conference call.