We are excited to announce that we have entered into an agreement with BlackRock for them to acquire Global Infrastructure Partners (GIP). This transaction creates a world leading infrastructure private markets investment platform with over $150 billion of equity, credit and solutions assets under management that will be overseen by the Global Infrastructure Partners (GIP) leadership team, which will remain in place. Investors have adopted private infrastructure investing for its ability to provide stable cashflows, less correlated returns, and a hedge against inflation. Global corporates have turned to private infrastructure as a fast innovator and a more commercially agile owner of infrastructure assets that aren't core to their commercial businesses. This platform is set to be the preeminent, one-stop infrastructure solutions provider for global corporates and the public sector, mobilizing long-term private capital through long-standing firm relationships. Importantly, we share with BlackRock a culture of collaboration, client focus, investment partnership, and commitment to excellence. We are convinced that together we can create the world’s premier infrastructure investment firm and look forward to the road ahead.
Hugo Ovando, CAIA congrats man! You just became way bigger. One of the portfolio companies under GIP platform is Skyborn Renewables, dedicated global developer, owner and operator of large-scale offshore wind projects, based in Germany. It’s going to be interesting to see how Blackrock will, directly or indirectly, collaborate alongside CIP team to mobilize long-term investors into low carbon infrastructure players such as Skyborn or through acquisition of successful IPPs, single infrastructure assets or other companies striving to create sustainable, net-zero returns far from carbon emissions.
It's not enough Black Rock wants to make home buying unaffordable for middle Americans, it also wants to jack up the cost of all related utilities. 😡
Biggest team up since the big three joined the heat
Whoa…that’s mega
This fantastic transaction reflects the revival of investment in infrastructure, particularly those serving to mitigate and adapt to climate change. I'm delighted for the GIP leaders who were our clients during the recent acquisition of Suez, Deepak, Antoine, Yumna and many others!
Wow.. 😳😳 "Deal (for $12.5bn) would create world’s second-biggest infrastructure firm and shake up private market investing" (FT). Congratulations to the GIP protagonists!
This is an exciting development that will undoubtedly impact the infrastructure investment landscape. The ability to mobilize long-term private capital for infrastructure projects is crucial for sustainable development.
Great success always awaits those who confidently take bold steps. Congrats to the BlackRock and Global Infrastructure Partners (GIP) teams for this bold step.
Congrats to both organisations with such a might of wealth, knowledge and experience in AUMs, will make the sector exciting ahead. we as CIA-GLOCAL VENTURE LLP are keenly following development and look forward to support the behemouth in asset investments & development in India.
Partner - EY Strategy and Transactions, Infrastructure sector (until September 2023) - currently on short break to recharge batteries
8moWow. This is as big as it gets in the Infra world. The trend towards consolidation of infra platforms continues with global PE players buying infra platforms!