Brookfield Infrastructure Corp. (NYSE:BIPC) reported 10% growth in funds from operations per unit for the third consecutive quarter, while Brookfield Renewable Corp. (NYSE:BEPC) reported record quarterly Funds From Operations of $346 million, or $0.51 per unit, up 15% overall and 11% per unit year over year. Brookfield Infrastructure deployed approximately $1.8 billion of equity year-to-date and remains on track to exceed $2 billion in 2026, while Brookfield Renewable invested or committed $3 billion during the quarter, commissioned 2.5 gigawatts of capacity and signed 1.6 gigawatts of new power-purchase agreements. Both affiliates are expanding in infrastructure and energy markets, including AI infrastructure, battery storage, renewable power, midstream, utilities and transport. Brookfield Infrastructure has more than 90% fixed-rate debt excluding Brazil and $3.2 billion of corporate liquidity, while Brookfield Renewable had $5.1 billion of available liquidity. Proposed corporate simplifications remain important to both stories: Brookfield Infrastructure expects its transaction to improve trading liquidity, with initial benefits from day one and potential index-related demand over three to nine months, while Brookfield Renewable's BEP-BEPC combination still requires approval from two-thirds of eligible BEP unitholders and has a November 25, 2026 voting deadline.