SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 12)*

BROOKFIELD INFRASTRUCTURE PARTNERS L.P.

(Name of Issuer)

Limited Partnership Units

(Title of Class of Securities)

G16252101

(CUSIP Number)

Swati Mandava, Brookfield Corp
Brookfield Place, 181 Bay Street, Suite 100
Toronto, A6, M5J 2T3
(416) 363-9491

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

12/24/2024

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No.

G16252101

Name of reporting person

BROOKFIELD CORPORATION

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 207,999,242.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 207,999,242.00

Aggregate amount beneficially owned by each reporting person

207,999,242.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

31.3 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person:

In reference to Rows 8, 10 and 11 above, this amount includes 1,399,230 limited partnership units (Units) of Brookfield Infrastructure Partners L.P. (the Partnership or the Issuer) owned directly or indirectly by Brookfield Corporation (Brookfield) and 3,287,267 Units held by Brookfield Wealth Solutions, a paired entity to Brookfield (BNT). This amount also includes 150,395,486 redeemable partnership units of Brookfield Infrastructure L.P. (RPUs) owned by BIP REU Holdings (2015) L.P., a wholly-owned subsidiary of Brookfield, 23,343,155 RPUs owned by BIP REU Holdings (2016) L.P., a wholly-owned subsidiary of Brookfield, 9,192,061 RPUs owned by BIP REU Holdings (2019) L.P., a wholly-owned subsidiary of Brookfield, and 7,369,254 RPUs owned by Brookfield Investments Corporation, a wholly-owned subsidiary of Brookfield. This amount further includes 1,500,000 Class A.2 Shares (as defined in Item 4) beneficially owned by Brookfield and 11,512,789 Class A.2 Shares beneficially owned by BIPC Holding LP, a wholly-owned subsidiary of Brookfield. Each Class A.2 Share is exchangeable at the option of the holder for a Unit or a Class A Share (as defined in Item 4) under certain circumstances. Each Class A Share is exchangeable at the option of the holder for one Unit (subject to adjustment to reflect certain capital events) or its cash equivalent (the form of payment to be determined at the election of BIPC). Each RPU is currently exchangeable for one Unit under certain circumstances. In reference to Row 13 above, as of December 27, 2024, there were approximately 461,778,534 Units outstanding. Percentage assumes the exchange of the 190,299,956 RPUs and 13,012,789 Class A.2 Shares beneficially owned by Brookfield as of December 27, 2024.

SCHEDULE 13D

CUSIP No.

G16252101

Name of reporting person

BAM PARTNERS TRUST

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 207,999,242.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 207,999,242.00

Aggregate amount beneficially owned by each reporting person

207,999,242.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

31.3 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person:

In reference to Rows 8, 10 and 11 above, this amount includes the Units, RPUs and Class A.2 Shares beneficially owned by Brookfield. In reference to Row 13 above, as of December 27, 2024, there were approximately 461,778,534 Units outstanding. Percentage assumes the exchange of the 190,299,956 RPUs and 13,012,789 Class A.2 Shares beneficially owned by Brookfield as of December 27, 2024.

SCHEDULE 13D

Item 1.

Security and Issuer

(a)

Title of Class of Securities:

Limited Partnership Units

(b)

Name of Issuer:

BROOKFIELD INFRASTRUCTURE PARTNERS L.P.

(c)

Address of Issuer's Principal Executive Offices:

73 Front Street, Fifth Floor, Hamilton, BERMUDA , HM 12.

Item 1 Comment:

Explanatory Note This Amendment No. 12 (this "Amendment No. 12") to Schedule 13D is being filed by Brookfield Corporation ("Brookfield") and BAM Partners Trust (the "BAM Partnership") and together with Brookfield, the "Reporting Persons") to reflect, among other things, (i) the change in name from Brookfield Asset Management Inc. to Brookfield Corporation and (ii) the completion on December 24, 2024 of the previously announced plan of arrangement (the "Arrangement") as described further in Item 4. Information and defined terms reported in the original Schedule 13D, as amended through Amendment No. 12 thereto (the "Schedule 13D"), remain in effect except to the extent that it is amended or superseded by information or defined terms contained in this Amendment No. 12

Item 2.

Identity and Background

(a)

Item 2(a) of the original Schedule 13D is hereby amended to reflect the renaming of Brookfield Asset Management Inc. as "Brookfield Corporation".

(b)

Item 2(b)-(c), (f) of the original Schedule 13D is hereby to reflect the renaming of Brookfield Asset Management Inc. as "Brookfield Corporation" and supplemented as follows: Schedule I to this Amendment No. 12 sets forth a list of updated names of directors and executive officers of Brookfield (to be included as "Scheduled Persons" for purposes of this Schedule 13D), and their respective principal occupations, addresses, and citizenships.

(d)

Item 2(d)-(e) of the original Schedule 13D is hereby amended to reflect the renaming of Brookfield Asset Management Inc. as "Brookfield Corporation" and supplemented as follows: During the last five years, none of Reporting Persons and, to their respective knowledge, none of the Scheduled Persons, has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors); or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which, he, she or it was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Item 4.

Purpose of Transaction

Item 4 of the original Schedule 13D is hereby supplemented as follows: The information set forth in Item 3 of this Amendment No. 12 is hereby incorporated by reference. This Amendment No. 5 is being filed in connection with the previously announced Arrangement, contemplated by an arrangement agreement dated as of October 9, 2024 among Brookfield Infrastructure Corporation, the Partnership, Brookfield and 1505109 B.C. Ltd. (which, upon closing of the Arrangement, was renamed "Brookfield Infrastructure Corporation" ("BIPC")). As a result of the Arrangement, which was consummated on December 24, 2024, among other things, (i) the public holders (i.e., those holders other than Brookfield and its subsidiaries) of class A exchangeable subordinate voting shares (the "Old Class A Shares") of Brookfield Infrastructure Corporation (which, upon closing of the Arrangement, was renamed "Brookfield Infrastructure Holdings Corporation" ("Old BIPC")) exchanged their Old Class A Shares on a one-for-one basis for class A exchangeable subordinate voting shares (the "Class A Shares") of BIPC; (ii) Brookfield and its subsidiaries exchanged their Old Class A Shares on a one-for-one basis for class A.2 exchangeable non-voting shares of Old BIPC ("Class A.2 Shares"), which are exchangeable for Units or Class A Shares on a one for one basis, subject to the Ownership Cap (as defined below); (iii) the Old Class A Shares were delisted from the Toronto Stock Exchange ("TSX") and the New York Stock Exchange ("NYSE"); (iv) the Class A Shares were listed on the TSX and the NYSE under the symbol "BIPC" (the ticker symbol previously used for the Old Class A Shares); and (v) BIPC became a reporting issuer in Canada; and (vi) BIPC became a successor issuer to Old BIPC by operation of Rule 12g-3(a) promulgated under the Exchange Act. As a result of the Arrangement, Brookfield and its subsidiaries own or exercise control or direction over approximately 13,012,789 Class A.2 Shares. The Class A.2 Shares held by Brookfield and its subsidiaries will be subject to a restriction that limits the exchange by Brookfield and its subsidiaries of Class A.2 Shares such that exchanges by Brookfield and its subsidiaries may not result in Brookfield and its subsidiaries owning 9.5% or more of the aggregate fair market value of all issued and outstanding shares of BIPC (the "Ownership Cap"). BIP REU Holdings (2016) LP (the "Borrower") is a party to a loan agreement (the "Loan Agreement") with certain indirect wholly-owned subsidiaries of BNT (the "Lenders"), in the principal amount of US$300,000,000. The facility under the Loan Agreement is secured by a pledge pursuant to a limited partnership charge (the "Pledge Agreement") by the Borrower of 18,963,338 RPUs (such pledged shares, the "Collateral Units"). The Collateral Units represent less than 3% of Brookfield's holdings of Units on a fully diluted basis. The facility under the Loan Agreement is payable in full on April 30, 2025, subject to extension in accordance with the terms of the Loan Agreement. Upon the occurrence of certain events that are customary for this type of loan, the Lenders may exercise their rights to require the Borrower to pre-pay the loan proceeds or post additional collateral, or foreclose on, and dispose of, the Collateral Units in accordance with the terms of the Loan Agreement and the Pledge Agreement. All voting rights and rights to receive dividends or distributions with respect to the Collateral Units will remain with the Borrower unless an event of default under the Loan Agreement has occurred and is continuing.

Item 5.

Interest in Securities of the Issuer

(a)

Items 5(a)-(c) of the Schedule 13D are hereby amended as follows: (a)-(b) The information relating to the beneficial ownership of the Units by each of the Reporting Persons set forth in Rows 7 through 13 of the cover pages hereto (and the footnotes thereto) is incorporated by reference herein. Assuming that all of the RPUs of Holding LP were exchanged for Units pursuant to the redemption-exchange mechanism and all Class A.2 Shares held by the Reporting Persons were exchanged for Units, as of December 27, 2024, the Reporting Persons may be deemed to be the beneficial owners of 207,999,242 Units, and such Units would constitute approximately 31.3% of the issued and outstanding Units based on the number of Units outstanding as of December 27, 2024. Brookfield holds the Units, RPUs and Class A.2 Shares, as applicable, directly or in one or more wholly-owned subsidiaries.

(c)

(c) Except as described herein, there have been no transactions by the Reporting Persons in the Units during the past 60 days.

Item 6.

Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer

Item 6 of the Schedule 13D is hereby amended and supplemented as follows: The information set forth in Item 4 of this Amendment No. 12 is hereby incorporated by reference. Holders of Class A Shares are entitled to exchange their Class A Shares for an equivalent number of Units (subject to adjustment to reflect certain capital events) or its cash equivalent (the form of payment to be determined at the election of BIPC) at any time. The Partnership may elect to satisfy BIPC's exchange obligation by acquiring such tendered Class A Shares for an equivalent number of Units (subject to adjustment to reflect certain capital events) or its cash equivalent. On December 24, 2024, Wilmington Trust, National Association and Brookfield entered into the Rights Agreement (the "Rights Agreement") pursuant to which Brookfield has agreed that, until March 31, 2025, it will, under certain circumstances, satisfy, or cause to be satisfied, the obligations pursuant to BIPC's articles of incorporation to exchange Class A Shares for Units or its cash equivalent. Brookfield and BNT have agreed that all decisions to be made by BNT with respect to the voting of the Units held by BNT will be made jointly by mutual agreement of the applicable BNT subsidiary and Brookfield (the "Voting Agreement"). As of December 27, 2024, Brookfield may deliver up to 106,026,331 Units to satisfy exchanges of Class A Shares in accordance with the terms of the Rights Agreement. The foregoing summaries of the Rights Agreement and the Voting Agreement described in this Item 6 do not purport to be complete and, as such, are qualified in their entirety by the Rights Agreement and the Voting Agreement, set forth in Exhibits 14 and 15 hereto and incorporated in this Item 6 by reference.

Item 7.

Material to be Filed as Exhibits.

Item 7 of the Schedule 13D is hereby amended and supplemented as follows: Exhibit 14 Rights Agreement, dated December 24, 2024, by and between Brookfield Corporation and Wilmington National Trust, N.A. (incorporated by reference to Exhibit 99.2 of Brookfield Infrastructure Corporation's Form 6-K filed with the SEC on December 27, 2024). Exhibit 15 Voting Agreement, dated September 29, 2023, between Brookfield Corporation and Brookfield Wealth Solutions Ltd. (formerly Brookfield Reinsurance Ltd.). Exhibit 16 Joint Filing Agreement, dated December 27, 2024. Exhibit 17 Schedule I.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BROOKFIELD CORPORATION

Signature:	/s/ Swati Mandava
Name/Title:	Swati Mandava, Managing Director, Legal and Regulatory
Date:	12/27/2024

BAM PARTNERS TRUST

Signature:	by its trustee, BAM CLASS B PARTNERS INC.
Name/Title:	Kathy Sarpash, Secretary
Date:	12/27/2024

Signature:	/s/ Kathy Sarpash
Name/Title:	Kathy Sarpash, Secretary
Date:	12/27/2024

Amendment: SEC Form SCHEDULE 13D/A filed by Brookfield Infrastructure Corporation