The scale of global infrastructure investment demand is enormous, and there is a growing need to replace and expand international infrastructure including all parts of the energy supply chain and a wide array of public services such as roads, railways, airports, and communications networks. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. We are focused on funding the transitionacross all 50 shades of green; those that are currently black, brown, dark green, olive, light green and all other shades of greenfrom coal generation all the way to solar generation. We also hired both an infrastructure and a private equity team and are excited about the opportunities we see in South Korea. The Company invests in the natural resources infrastructure, water distribution and . By continuing to browse this site, you agree to this use. Our disciplined, well-established approach to investing reflects our over 100-year history as an owner and operator. Headquartered in New York, GIP operates out of 10 offices: New York, London, Stamford (Connecticut), Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore and Hong Kong. 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. <> On top of that, we crystalized a record $1.7 billion of carried interest in 2021. You can sign up for additional alert options at any time. 4`0v P2*Qo Global Infrastructure Partners was established in May 2006. 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. Our asset management business continues to establish itself as one of the pre-eminent brands globally. 4 0 obj (781) 894-8800, Sean T. Geary We have begun to see great progress in China following the build out of our business over the years, the current lack of capital for entrepreneurs in China, and a strategic decision to have a regional office on the ground in Shanghai. x\[S8~G{fUTB=m[53H lbzsd'(I|%;|r?q'wxy2|L$xp4e=es=YR}:q;OhKtnG1?E SunPower is the second largest residential solar company in the U.S., providing customers with fully integrated solar, storage, home energy and financing solutions. 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. The tone of the real estate markets has improved dramatically since mid-2020. Bob serves on the Boards of Medallion Midstream LLC, Clearway Energy Group, and Saavi Energia. As we move into 2022, markets are strong, but recent volatility has brought some sanity back to areas of the markets that were overvalued. This site uses cookies for analytics. However, the emergence of COVID-19 introduces an altogether new set of challenges. In September 2012, GIP's second fund, GIP II, completed fund raising with US$8.25 billion in investor capital commitments, making it the largest independent infrastructure fund in the world at that time. British Venture Capital Association (BRVCA), Indian Venture Capital Association (INVCA), Principles for Responsible Investment (PRI), Youre viewing 5 of 104 investments and acquisitions. For all Brookfield Infrastructure Corporation investor enquiries, please call our shareholder enquiries line: bip.enquiries@brookfield.com. Toronto, ON Its portfolio consists of about a dozen companies, most of which are located in North America and the UK. The firm's focus on healthy, sustainable, socially equitable architecture has made it a global leader in areas as diverse as healthcare, science and technology, education, workplace . GIP employs approximately 150 investment and operational professionals and has offices in New York, London and Sydney, with operational headquarters in Stamford, Connecticut. <>>> Such terms are used solely for the sake of convenience for purposes of the present communication. stream 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. This, together with the added benefit of having the longest duration of annuity-like cash flows of any asset manager, means that it could now simply be separated from our capital. 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. Two founding investors in its first fund, GIP I, were Credit Suisse and General Electric. Please also choose a country and/or region you want to analyse. 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. Global: 1-416-363-9491. This gives us critical mass and the regulatory licenses to continue assisting our insurance clients in many ways. A verification email is on its way to you. TotalEnergies will acquire half of GIP's interest in Clearway Energy Group (Clearway), a privately held renewable development company that owns a controlling stake with a 42% economic interest in Clearway Energy, Inc. (NYSE: CWEN. Global Partners LP (NYSE: GLP) today announced that its Annual Report on Form 10-K for the year ended December 31, 2021 was filed with the U.S. Securities and Exchange Commission (SEC) on February 28, 2022. Investor Enquiries. We are conservatively positioned, with very substantial liquidity, to continue to capitalize on the vast number of opportunities we see every day. Lucy Chadwick joined GIP in 2019 with over 30 years of transport industry and government experience. More importantly, our franchise is stronger and more durable today than it has ever been. Global Partners LP Our approach is focused on investing on a value basis. 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. Please check your spam or junk folder just in case. We recently created a partnership with Sequoia Capital China to invest in new economy infrastructure. 2021 ESG Report. Brookfields investment activities are anchored by a set of core tenets that guide our decision-making and determine how we measure success: OF ASSORTED ASSETS IN CHINA SUCH AS WIND & SOLAR PROJECTS, OF SIGNATURE MIXED-USE SPACE IFC SEOUL, SOUTH KOREA, Evolving to offer the best of both worlds, Operate our business and conduct our relationships with integrity, Attract and retain high-caliber individuals who will grow with us over the long term, Ensure that our people think and act like owners in all their decisions, Treat our investor and shareholder capital like its our own, Embed strong ESG practices throughout our operations to help ensure that our business model is sustainable, Acquire high-quality assets and businesses, Invest on a value basis, with the goal of maximizing return on capital, Enhance the value of investments through our operating expertise, Build sustainable cash flows to provide certainty, reduce risk and lower our cost of capital, Evaluate total return on capital over the long term, Encourage calculated risks, measuring them against potential returns, Sacrifice short-term profit, if necessary, to achieve long-term capital appreciation, Seek profitability rather than growthsize does not necessarily add value. In 2021, we generated a record $12.4 billion of total net incomecompared with $707 million in 2020. The infrastructure sector sits at a collision point of global disruptions, including shifts in capital availability, evolving social and environmental priorities, and rapid urbanisation. Our global equity funds continue the Firms tried and tested approach to investing in core and core-plus infrastructure opportunities. The primary objective of the company continues to be to generate increasing cash flows on a per-share basis, and as a result, higher intrinsic value per share over the longer term. 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. As a result, this should become a very large business for us. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. Twitter: @TotalEnergiesLinkedIn:TotalEnergiesFacebook: TotalEnergiesInstagram:TotalEnergiesTwitter: @TotalEnergiesPR, Investor Relations: +33 (0)1 47 44 46 46 l [emailprotected]. View our InfraCompass Resources for sustainable infrastructure That is the Transition. 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. 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. 2007 Annual Report. 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. We offer core, core-plus, value-add, opportunistic/growth equity and credit strategies through closed-end and perpetual vehicles in both the public and private markets. Don't have an account? If you experience any issues with this process, please contact us for further assistance. "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. Moreover, our mission as a firm includes not just creating value for our investors, but ensuring our businesses deliver high quality service to the communities and customers each serve. Technology is affecting all business, as it always has. Contact Information Website www.global-infra.com Year Founded 2006 Investor Status Overall performance across our operating businesses continues to strengthen, as we remain well positioned around the economic recovery and own many inflation-linked assets that benefit from economic growth. About Global Infrastructure PartnersEstablished in 2006, GIP is one of the world's leading specialist infrastructure investors. CONTACT INFORMATION. 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. As of December 2020, Global Infrastructure Partners had aggregate assets under management of approximately US$75 billion, such investments being concentrated in OECD countries. Select a sector to view its investment forecasts. Cision Distribution 888-776-0942 Boston, MA 02116, 617-542-5300 GIP manages c. US $81 billion for its investors. This fund was raised fasterand is largerthan expected, and we have already started putting the capital to work to help companies decarbonize their operations. But Global . Our asset management business is now one of the largest and fastest-growing scale alternative investment businesses globally. Lucy serves on the Boards of NTV Italo and Naturgy Energy Group. This transaction has further increased our presence in the country and opened up new adjacent opportunities. 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. GIP also manages several other Funds which focus on investments in infrastructure in other asset classes or target specific regions. We have some great partners in the country and are looking to raise RMB-denominated capital. 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. What a difference a year can make. In total as of 2018, its portfolio companies employ approximately 21,000 people. WALTHAM, Mass.--(BUSINESS WIRE)-- 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. For enquiries . Global Partners LP The third type is working with electricity generators, where we will help provide the capital to enable them to shift from coal to gas, and from gas to renewables. If we distributed most of our $50 billion of investment capital to shareholders, we could quickly and easily become asset-light. Choose a sector(s). P.O. Global Infrastructure Partners (GIP) is an independent fund that invests in infrastructure assets worldwide. 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. M5C 3H2, Toll-Free:1-800-564-6253 an 'investment need' forecast to demonstrate the investment that would occur if countries were to match the performance of their best performing peers, after controlling for differences in the characteristics of each country. In total, we received $2.2 billion during the year and we expect this to continue increasing in line with the growth in the underlying businesses. The growth sectors of property have been industrial and life sciences real estate, given e-commerce tailwinds and the biotech revolution taking hold. For all Brookfield Infrastructure Corporation investor enquiries, please call our shareholder enquiries line: bip.enquiries@brookfield.com An emphasis on diversity and inclusion reinforces our culture of collaboration. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. This shows both the power of the franchise and the interest from investors in achieving net zero globally. Jan 2011 - Jun 20165 years 6 months. 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. Our operations are highly geared to the economic recovery. Please always remember that compounding reasonable returns over long periods of time is an incredible miracle of finance. endobj Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Download the Report. One advantage in that regard is that, despite the good returns over the past 30 years, we still trade at a discount to what we believe our businesses would be valued at if sold. View source version on businesswire.com: Bengaluru Area, India. At the end of 2021, TotalEnergies' gross renewable electricity generation capacity is more than 10 GW. TotalEnergies and renewable electricityAs part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio of activities in renewables and electricity. This capital is the result of both the retention of profits and growth in asset values over the decades. The fund became fully invested during 2012. With an extensive network of terminals, gas stations and retail stations, Global Partners helps people heat their homes, operate their businesses and get where theyre going conveniently and quickly. We saw increased activity within our hospitality assets as travel begins to return, a rebound in our retail assets due to higher foot traffic and spend per person, and a rebound in demand for our office properties and multifamily assets. To explore Global Infrastructure Partnerss full profile, request access. Email:bip.enquiries@brookfield.com, Management Information Circular and Proxy, Evolving to offer the best of both worlds. At Global Partners LP, we promise to treat your data with respect and will not share your information with any third party. The areas of the property markets that have exhibited value investment characteristics (primarily office and retail) have been incredible places to acquire assets at a steep discount over the past two years, as there have been very few competitive buyers. For more information, visit www.global-infra.com. 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. Total forecast infrastructure investment gaps. The Global Infrastructure Hub would like to extend our thanks to the peer reviewers from the following organisations who provided a large number of helpful comments and suggestions: Australian Treasury, The Brattle Group, European Bank for Reconstruction and Development, Inter-American Development Bank, International Monetary Fund, and the University of Cape Town. With assets under management at a record-high $582bn, private infrastructure is continuing to grow. Vice President, Technology Operations & Projects. Global Infrastructure Outlook - A G20 INITIATIVE 3 countries sectors and regions you want to analyse. You should only be asked to sign in once. NEW YORK, May 25, 2022 /PRNewswire/ -- Global Infrastructure Partners (GIP) and TotalEnergies have formed a strategic partnership to advance their commitment to the U.S. renewable energy sector. And despite some setbacks with a new variant appearing in December, these are passing as we write. 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