Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol GLP. For additional information, visit www.globalp.com. I*Tqo/)wbq qmq&& f0AOS;O(DN?kWahGntCK_U:iQUky-P*Dj_*S.6[VfG(tr:=[u^% HuG2A#U;EcpO|]f kR2^J),9*ESZLFGhhDK.6P*DZ_DFqLv42BG:^,z*o%\cN9&IG?G. We continue to grow our Asia Pacific business at a faster pace than any other region. 2023 PitchBook. 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. Choose a maximum of 3 countries. We started with an experienced fundraising team, and are now building solar projects and industrial logistics real estate. Click here to register, Not for publication, email or dissemination, CapitaLand Investments China data centre fund reaches S$530m close, IIs Fund Formation League Table reveals infras top law firms, IRA tax credits will usher in a new wave of ESG in America, Europeans American dream prompts DC Advisory to launch US infra team, Celebrating excellence: Infrastructure Investor Annual Awards 2022, First-time fortunes for emerging managers. Both transactions are subject to customary conditions, including receipt of requisite regulatory approvals. The firm's first investment was announced in October 2006. GIP and TotalEnergies are well-positioned to support SunPower management's growth strategy. The below represents a total dollar gain of $2.0 billion for all of our constituents, or a 47% annualized gain on a gross asset basis over the year (equity returns are far higher). "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. 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. The companies in GIPs equity portfolios have combined annual revenues greater than $80 billion and employ approximately 100,000 people. In 2021, we generated a record $12.4 billion of total net incomecompared with $707 million in 2020. This gives us critical mass and the regulatory licenses to continue assisting our insurance clients in many ways. The second type of opportunity focuses on providing capital to industrial companies to enable them to decarbonize their operations. Computershare Trust Company of Canada Read our detailed forecasts and analysis in the 2022 Global Alternatives Reports, only on Preqin . 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. And we take a long-term view in deploying capitalbut are ready to act decisively when the right opportunities emerge. Annual Report and Financial Statements For the Year Ended 31 October 2019. [*8[28Agpn" Toronto, ON You may also choose the sectors and regions you want to analyse. These assets include seaports, freight rail facilities, midstream natural resources and power generation businesses. GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. While the fund distribution market in China is small today on a relative basis, we believe that in the long run, it could become meaningful to us. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. But, as an indication of the returns that can be generated over the longer term, below is our latest tabulation of annualized compound investment returns over the past 30 years. Global Infrastructure Partners - 2023 All Rights Reserved. endobj Cautionary NoteThis press release, from which no legal consequences may be drawn, is for information purposes only. Performance in our asset management business was very strong, resulting in total Distributable Earnings of $6.3 billion for the year. stream But for new investors who do not know us as well, this can be more time-consuming to understand. Brookfield Asset Management Inc. GIP has grown to be one of the worlds largest infrastructure investors and currently manages $87 billion in assets on behalf of its global investor base. In total as of 2018, its portfolio companies employ approximately 21,000 people. Explore a country's capability to deliver infrastructure projects. But our asset management business is now one of the largest and fastest-growing scale alternative investment businesses globally. ESG factors are at the core of our approach to investment decision making and asset management, and we are committed to meaningfully helping communities through charitable giving and support. Centered in the Northeast, the company is a third-generation, family-founded business with operations throughout the U.S. All of this drove very strong financial performance across our operations, underpinning the stable and growing distributions we receive. We intend to invest significant capital in these opportunities and bring our operating capabilities to bear, but always where we can be part of the solution, not part of the problem. The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrowinfrastructure with sustainability at its core. By continuing to browse this site, you agree to this use. Bob serves on the Boards of Medallion Midstream LLC, Clearway Energy Group, and Saavi Energia. The main goal of our investments is to assist and accelerate the transition to net zero. GIP's fourth equity Fund, GIP IV, completed fund raising in December 2019, raising $22 billion. For 30 years we have been developing renewable assets as a component of our infrastructure strategy, but given the sheer quantity of renewables required as the grid shifts generation to renewables, the capital required is now much larger than in the past. This makes us asset-heavy compared with most managers today, which are asset-lightas they were either founded more recently or have distributed their profits annually to their owners. Our disciplined, well-established approach to investing reflects our over 100-year history as an owner and operator. TotalEnergies will continue to expand this business to reach 35 GW of gross production capacity from renewable sources and storage by 2025, and then 100 GW by 2030, with the objective of being among the world's top 5 producers of electricity from wind and solar energy. For all Brookfield Infrastructure Corporation investor enquiries, please call our shareholder enquiries line: bip.enquiries@brookfield.com. Our renewable power and infrastructure businesses have been resilient over the last two years, delivering consistent, steady growth. (781) 894-8800, Scott Solomon, SVP GIP employs approximately 150 investment and operational professionals and has offices in New York, London and Sydney, with operational headquarters in Stamford, Connecticut. (781) 894-8800, Sean T. Geary We raised $71 billion of capital during the year. GIP Credit targets energy, transport, digital, water/waste and other industries or projects with infrastructure-like characteristics. If we can close the gap between share price and intrinsic value, a current stock owner will out-earn the underlying performance of the business. Our Strategy Portfolio Clearway owns the fifth largest operating portfolio of non-regulated renewable assets in the U.S. (5.7 GW) and a 22 GW development pipeline and will represent TotalEnergies' largest investment in U.S. renewables to date. We then manage these assets and businesses proactively and finance them conservativelywith the goal of generating stable, predictable and growing cash flows for our investors. We acquired a lot of real estate early in 2021 and are now successfully unlocking value through the monetization of select assets. In undertaking this work Oxford Economics drew on information provided by third parties, upon which Oxford Economics has relied on in good faith. We focus on value creation and capital preservation, investing in high-quality assets and businesses within our areas of expertise. Separating a part of our Manager in the public or private market, while ensuring it still benefits from the capital we have at overall Brookfield, could open up growth options to us that do not exist today, as we dislike ever issuing shares at less than what we believe to be at least their full fair value. The data from this website is from analysis and modelling by Oxford Economics, who the Global Infrastructure Hub engaged to produce Global Infrastructure Outlook. The funds and investment platforms managed by GIP make equity and debt investments in infrastructure assets and businesses in both OECD and selected emerging market countries, targeting investments in the energy, transport, water / waste and digital infrastructure sectors where GIP possesses deep experience and relationships. A copy of the Annual Report on Form 10-K is available to be viewed or downloaded on the Partnerships website https://ir.globalp.com/financials/sec-filings/default.aspx or from the SECs website at www.sec.gov. GIP has made two additional notable airport investments: the October 2009 acquisition of Gatwick Airport, the second largest airport in the United Kingdom by passenger traffic, for 1.5 billion from BAA[3][4] and the 2012 acquisition of Edinburgh Airport for 807 million.[5][6]. British Venture Capital Association (BRVCA), Indian Venture Capital Association (INVCA), Principles for Responsible Investment (PRI), Youre viewing 5 of 104 investments and acquisitions. Single-family residential responded first, driven by people being at home, with industrial and life sciences next, followed more recently by urban high-rise multifamilyand now office, with the balance of sectors to follow. $53.4bn Assets under management 215 Global staff 240+ Institutional investors AUM as of December 2022, inclusive of subsequent committed capital. This included a final $16 billion close for our flagship opportunistic credit fund and $24 billion in aggregate to date for our global transition fund and our latest opportunistic real estate fund. EmergentCold LatAm We are conservatively positioned, with very substantial liquidity, to continue to capitalize on the vast number of opportunities we see every day. Choose a region. More recently, we acquired a number of new-build industrial logistics warehouse projects and land for data centers. In addition, our asset management business, started only 25 years ago, would not have been mature enough to consider separating it from our capital. . For more information, visit www.global-infra.com. 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). Our global team of experts offers wide specialisation, knowledge and experience. TotalEnergies SE has no liability for their acts or omissions. P.O. In addition, these investors understand how and what we invest in, and have been comfortable with us making investment decisions with the capital. Our non-traded REIT is now being distributed on four wealth platforms globally, with additional major platforms expected in the coming months. Global Infrastructure Outlook was first released in July covering 50 major countries around the world. Our initial business in Asia Pacific was in Australia, where today we have $30 billion of assets across our businesses. Get the full list, Youre viewing 5 of 42 exits. We raised $71 billion of capital during the year. Transfer Agent. from 8 AM - 9 PM ET. Lucy Chadwick joined GIP in 2019 with over 30 years of transport industry and government experience. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. You can sign up for additional alert options at any time. Its growth path on its own is very compelling, as many of our strategies are still getting larger with each vintage and are compounding on each other. They may prove to be inaccurate in the future and are subject to a number of risk factors. 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. Email:bip.enquiries@brookfield.com, Management Information Circular and Proxy, Evolving to offer the best of both worlds. II Debt 30: The largest infra credit GPs raise over $139bn, Best Practice in Infrastructure Asset Management, Managing Risk in Infrastructure Investments, IRA tax credits will usher in a new wave of ESG, Infrastructure Investor Global Summit 2023. The winners in categories such as firm and fundraise of the year, as well as sectors like digital infrastructure and transport. Pure-play managers have been more in vogue across global markets because they are easier to value and have attracted higher multiples. Twitter: @TotalEnergiesLinkedIn:TotalEnergiesFacebook: TotalEnergiesInstagram:TotalEnergiesTwitter: @TotalEnergiesPR, Investor Relations: +33 (0)1 47 44 46 46 l [emailprotected]. KKR closed the largest infrastructure fund of 2022 on $17 billion, as well as a further $5.5 billion for its second dedicated Asia strategy, the biggest pool of capital raised in the region. Bengaluru Area, India. Doing business as Global Infrastructure Partners (GIP), the company is a private equity firm that makes infrastructure-focused investments in the power and utilities, energy, air transport, water/wastewater, and transportation sectors. This was an almost 50% increase compared with 2020, and all parts of our business contributed to the strong results. You must click the activation link in order to complete your subscription. Total forecast infrastructure investment gaps. 1 0 obj With assets under management at a record-high $582bn, private infrastructure is continuing to grow. 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