Since joining GIP, he has helped arrange approximately $100 billion of financings for our portfolio companies. NEW YORK , May 25, 2022 /PRNewswire/ -- Global Infrastructure Partners . <> In addition to our flagship products, we have 35+ other strategies in the market raising capital. View source version on businesswire.com: We are at the start of a new era with a market leading fund and strategy that we believe will be very attractive for investment over a long period of time. Toronto, ON We invest our own capital alongside our investors in virtually every transaction, aligning interests and leveraging our deep operational expertise, global reach and access to large-scale capital. SDG Disclaimer - Includes the additional investment needed for countries that have not yet met the SDGs. stream British Venture Capital Association (BRVCA), Indian Venture Capital Association (INVCA), Principles for Responsible Investment (PRI), Youre viewing 5 of 104 investments and acquisitions. Leveraging our operating experience, we invest in key sectors across renewable power & transition, infrastructure, private equity, real estate, and credit & insurance. We are disciplined in acquiring high-quality assets and businesses that we believe can deliver strong performance across market cycles. GIP works in partnership with the public sector and other stakeholders to improve infrastructure for the community by drawing on its global capability and applying industrial best practice to enhance operating efficiency. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com North America: 1-866-989-0311 Global: 1-416-363-9491. And despite some setbacks with a new variant appearing in December, these are passing as we write. Two founding investors in its first fund, GIP I, were Credit Suisse and General Electric. These new-build opportunities will provide a steady flow of investment for this Fund, and they have already begun for us with partners including Amazon, Enbridge and Scotiabank. Select a sector to view its investment forecasts. 617-542-5300 GLP@investorrelations.com This capital is the result of both the retention of profits and growth in asset values over the decades. About TotalEnergiesTotalEnergies is a global multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. We began operations in Beijing in January 2016 and have since grown to 106 approved members worldwide. Email:bip.enquiries@brookfield.com, Management Information Circular and Proxy, Evolving to offer the best of both worlds. Our approach is focused on investing on a value basis. Based on the comparable multiples of pure-play, asset-light alternative investment managers, the equity value of our separated asset management business (i.e., our Manager) would likely be in the range of $70 billion to $100 billion (circa $45-$60 per share). Its portfolio consists of about a dozen companies, most of which are located in North America and the UK. North America:1-866-989-0311 Our asset management operations had an excellent year. Tel:416-956-5129 As you also know, we privatized our real estate business at around 70% of IFRS values in early 2021 and as planned, have now started to monetize some of the assets at premiums to these same IFRS values. GIP has made a cross section of investments in other areas of the transport sector as well as the natural resource and power generation areas of the energy sector. Throughout our operations in more than 30 countries on five continents, we are committed to supporting and enhancing the communities in which we operate. Since early 2021, TotalEnergies has secured a development pipeline of 8 GW onshore renewables and 4 GW offshore wind in the U.S. TotalEnergies will enhance Clearway's growth prospects by providing (i) a right of first offer on its U.S. onshore renewable assets to CWEN, and (ii) access to TotalEnergies' U.S. power marketing capabilities and corporate relationships to optimize and enhance the commercial value of Clearway's development and operating projects. Not the case? from 8 AM - 9 PM ET. Key deals include CyrusOne, a global developer and operator . We believe that sound environmental, social and governance (ESG) practices are integral to building resilient businesses and creating long-term value for our investors and other stakeholders. It allows TotalEnergies to scale up in the U.S. market, one of the most dynamic in the world, benefiting from operating assets, a 22 GW high quality portfolio, with a wide geographic coverage with a presence in 34 states. The scale, capabilities and ambition that both GIP and TotalEnergies bring to this partnership will support our shared vision to build industry-leading utility scale and distributed renewables platforms in the U.S." said Adebayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners. With several of our earlier vintage funds having passed their preferred hurdles, we are now realizing carried interest across a variety of strategies, and we expect to continue this momentum into 2022. Since then, he has been a key member of our Business Improvements Team and has led process improvement efforts and capital efficiency programs at several of GIP's portfolio companies. We are heading towards $100 billion in total assets across the region and continue to grow in all of Australia, China, Korea, Japan and India. Andrew serves on the Board of Terminal Investment Limited. The firm seeks to invest in core and core-plus infrastructure opportunities in the energy, transportation, and water and waste sectors. Economies are normalizing as central bank intervention is withdrawn. View our InfraCompass Resources for sustainable infrastructure [*8[28Agpn" The investment required to accomplish this is in the tens of trillions of dollars. As we consider these options (including possibly doing nothing), we will report in the quarters/years aheadand will be pleased to hear any views that you have. We raised $71 billion of capital during the year. But every business does need to transition to a cleaner future. To be very clear, that excludes the equity capital that we have invested in our businesses, which today is around another $50 billion net (circa $30 per share). On top of that, we crystalized a record $1.7 billion of carried interest in 2021. Our funds own 46 current portfolio companies which have combined annual revenues of US$40 billion and employ in . We invest where we can bring our competitive advantages to bear, leveraging our deep operational expertise, global reach and access to large-scale, flexible capital. EmergentCold LatAm GIP works in partnership with the public sector and other stakeholders to improve. Global Infrastructure Outlook was first released in July covering 50 major countries around the world. Win whats next. About Global Infrastructure PartnersEstablished in 2006, GIP is one of the world's leading specialist infrastructure investors. This major transaction demonstrates the speed and magnitude of our transformation into a multi-energy company and the strength of our commitment to the United States. GIP employs approximately 150 investment and operational professionals and has offices in New York, London and Sydney, with operational headquarters in Stamford, Connecticut. In January 2019, Stonepeak realized its investment in Dominion. Bob serves on the Boards of Medallion Midstream LLC, Clearway Energy Group, and Saavi Energia. But Global . The global electricity make-up is currently 25% from renewable sources, and this is set to grow to 50% or more over the next 30 years. We also hired both an infrastructure and a private equity team and are excited about the opportunities we see in South Korea. In consideration, GIP will receive $1.60 billion in cash, plus an approximately 50% interest in the TotalEnergies subsidiary that holds its 51% ownership in SunPower Corporation (NASDAQ: SPWR), a leader in residential solar in the U.S. (with the final amounts subject to purchase price adjustments). At the end of 2021, TotalEnergies' gross renewable electricity generation capacity is more than 10 GW. Our renewable power and infrastructure businesses have been resilient over the last two years, delivering consistent, steady growth. All other figures as of February 2023. Choose a region. In fact, our business has grown faster and become more profitable because of the capital we have to support it. Free global infrastructure project platform connecting public and private sectors. SunPower is the second largest residential solar company in the U.S., providing customers with fully integrated solar, storage, home energy and financing solutions. Technology is affecting all business, as it always has. M5C 3H2, Toll-Free:1-800-564-6253 We have completed numerous real estate transactions, including our extremely successful acquisition and turnaround of IFC Seoul, a 5.5 million square foot signature mixed-use complex. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. We started in South Korea 10 years ago and have one of the strongest client rosters of any foreign manager in the country. Transfer Agent. Our Strategy Portfolio We target infrastructure businesses and assets in energy, transportation, digital, water and waste sectors where we believe our expertise and relationships provide a competitive advantage. And do not hesitate to contact any of us should you have suggestions, questions, comments or ideas you wish to share. As of December 2020, Global Infrastructure Partners had aggregate assets under management of approximately US$75 billion, such investments being concentrated in OECD countries. Our global team of experts offers wide specialisation, knowledge and experience. Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. We bought numerous assets at a fraction of their replacement cost, including a grocery anchored retail portfolio in the U.K. that now generates a running cash yield of 18% on our cost basis. 31 Adelaide St. E AP WIP Investments, LLC - December 31 2019 and 2018 Audited Financial Statements. Read our detailed forecasts and analysis in the 2022 Global Alternatives Reports, only on Preqin . As an example of the transaction markets today and where values have moved in a year, we note the following, which admittedly is a select group, but does represent $10 billion of assets, with a profit of $2 billion generated in the last year. By continuing to browse this site, you agree to this use. Select a country to view its investment forecasts. Both committed approximately 9% of the US$5.64 billion of GIP I's committed capital. It illustrates our priority to accelerate the transformation of the company to become a sustainable and profitable multi-energy company", said Patrick Pouyann, Chairman and CEO of TotalEnergies. Vice President, Technology Operations & Projects. (Put into perspective, even eight rate hikes will bring the U.S. short rate only to around 2%.). For enquiries regarding share transfers, changes of address, dividend cheques and lost share certificates, please contact: Shareholder correspondence should be mailed to: We raised $71 billion of capital across our flagship and complementary strategies, which increased total fee-bearing capital to $364 billion at year-end. "Company Overview of Global Infrastructure Partners", "Edinburgh Airport sold to Global Infrastructure Partners for 807m", "Edinburgh Airport changes hands to Global Infrastructure Partners", "Global Infrastructure Partners raises record $8.25 billion", "BlackRock Goes $3.7 Billion Deeper Into Pipelines and Power", Lower Thames and Medway Passenger Boat Company, Westminster Passenger Services Association, https://en.wikipedia.org/w/index.php?title=Global_Infrastructure_Partners&oldid=1141531664, Financial services companies established in 2006, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 25 February 2023, at 14:57. A link has been emailed to you - check your inbox. As of the end of 2015, AUM stood at $7.23tn, rising to $13.32tn by the end of 2021 and we expect AUM growth to accelerate to 11.7% and reach $23tn in 2026. Formulated and implemented the infrastructure strategy for video conferencing, streaming media and audio conferencing platforms, with a focus on futuristic technologies like SVC and HEVC (H.265) With a 100+ year heritage as an owner and operator, we focus on investing in assets and businesses that help form the backbone of the global economy. Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. We expect that the global recovery will be back on track soon, and the level-set of valuations in areas such as China and in technology businesses presents great opportunities. In fact, by midyear the markets were worried about exactly the opposite! Global:1-416-363-9491. This should help us achieve strong returns in the future. You must click the activation link in order to complete your subscription. We recently had the final close for our sixth real estate debt fund, raising $4 billionand in just the fourth quarter we raised over $1 billion for our open-end perpetual private infrastructure fund. GIP manages approximately US$77 billion for its investors. On a go-forward basis, annualized asset management revenues, including carry, are now running at $7.8 billion, and we are launching new funds across all our strategieswhich means that 2022 is off to a good start. Headquartered in New York, GIP operates out of 10 offices: New York, London, Stamford (Connecticut), Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore and Hong Kong. Global Infrastructure Partners A leading global, independent infrastructure fund manager. An emphasis on diversity and inclusion reinforces our culture of collaboration. This will be led by China and India due to their vast populations and need for backbone infrastructureand while this wont be easy because there are many very strong local players, we believe that our access to capital enables us to complete our share of dealssometimes as a great partner to the best-of-the-best locals. But for new investors who do not know us as well, this can be more time-consuming to understand. We have been both selling more mature industrial and life sciences properties, where excellent returns have been locked in, and are buying others. 3 0 obj Andrew Paulson joined GIP in 2018 with over 20 years of infrastructure financing experience. The main goal of our investments is to assist and accelerate the transition to net zero. Get limited access to our industry news, analysis and data, plus regular email updates. We held a final close for our growth equity fund for over $500 million and expect to launch the next vintage in the first half of 2022. Global Infrastructure Management LLC. We continue to grow our Asia Pacific business at a faster pace than any other region. (781) 894-8800, Scott Solomon, SVP "We are extremely pleased to partner with TotalEnergies to continue leading the energy transition in the U.S. We are proud of the growth and accomplishments of the Clearway team since our initial investment in 2018, and we are confident that with TotalEnergies as a partner, Clearway will be able to accelerate the deployment of cost competitive renewable power in the U.S. At the same time, GIP's investment in SunPower is our initial commitment in the distributed generation space, which we believe will provide critical solutions to facilitate the nation's clean energy future. <>>> NEW YORK, Jan. 26, 2022 /PRNewswire/ -- Global Infrastructure Partners ("GIP . 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