global infrastructure partners annual report

<> 4 0 obj 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. Bob Callahan joined GIP in 2008, bringing with him over 20 years of operating experience at leading industrial companies. Our non-traded REIT is now being distributed on four wealth platforms globally, with additional major platforms expected in the coming months. CWEN.A). It strengthens our ability to develop our people and maintain an engaged workforce focused on serving as a trusted partner and first-choice provider of investment solutions. 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. 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. 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). We also have a number of industrial businesses. Global: 1-416-363-9491. Explore a country's capability to deliver infrastructure projects. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people. endobj Not the case? With the closing of the American National deal expected before the end of the second quarter, our insurance operations will now be heading towards $50 billion of assets. 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. 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). You can explore the implications of alternative GDP growth rates for infrastructure investment needs, and meeting the United Nations Sustainable Development Goals for universal access to electricity and water for investment need. Please check your spam or junk folder just in case. 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. 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. Preqin forecasts show how different asset classes and markets will grow at different paces. We continue to grow our Asia Pacific business at a faster pace than any other region. After submitting your request, you will receive an activation email to the requested email address. We believe that the local presence and technology prowess of Sequoia, and our experience in property and infrastructure, will create a powerful combination for Chinese entrepreneurs as they build out their operations. Transfer Agent. Our Strategy Portfolio View our InfraCompass Resources for sustainable infrastructure We manage funds across four asset classes - infrastructure, debt investments, listed equities and private equity. Global Infrastructure Partners (GIP) is an independent fund that invests in infrastructure assets worldwide. 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. With money available and interest rates low, this is a very constructive environment for good businesses. We are committed to ensuring that the assets and businesses we invest in are set up for long-term success, and we seek to have a positive impact on the environment and the communities in which we operate. Annual Report and Financial Statements For the Year Ended 31 October 2019. Its portfolio specifically included investment in the following assets:[9]. We take a conservative approach to the use of leverage, ensuring that we can preserve capital across all business cycles. 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. The 2020 Preqin Global Infrastructure Report is the industry's most complete and in-depth annual review. WALTHAM, Mass.--(BUSINESS WIRE)-- Contact Information Website www.global-infra.com Year Founded 2006 Investor Status Only logged in subscribers of this site will be able to access the shared article. Toronto, ON Dominion Midstream Partners LP (NYSE: DM) is a master limited partnership formed by the investment-grade utility Dominion Resources Inc. to grow a portfolio of natural gas terminaling, processing, storage, transportation, and related assets. Global Partners LP Throughout our operations in more than 30 countries on five continents, we are committed to supporting and enhancing the communities in which we operate. 2007 Annual Report. Global also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. 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. Andrew serves on the Board of Terminal Investment Limited. While to date that capital has been one of our great operating strengths, we sometimes hear that it makes it harder for an investor to value Brookfield, as he or she needs to both put a value on our asset-light business and understand our investments. Today, with 40 million square feet of IT office park real estate, 150,000 telecom towers, toll roads, pipelines, solar and wind facilities, and an IT outsourcing business, we are a brand name in alternative investments. Our goal is to deliver strong long-term returns and provide downside protection for our investorsincluding pension plans, endowments, foundations, sovereign wealth funds, financial institutions, insurance companies and individual investors. Centered in the Northeast, the company is a third-generation, family-founded business with operations throughout the U.S. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. We will soon close our $15 billion Global Transition Fund, which we launched a little more than a year ago. But every business does need to transition to a cleaner future. GIP's fourth equity Fund, GIP IV, completed fund raising in December 2019, raising $22 billion. [7] Exceeding what it had initially projected,[8] GIP's third fundGIP IIIcompleted fund raising in January 2017 with approximately $15.8 billion in investor capital commitments. The full impact of the pandemic will take years to play out. In addition to our flagship products, we have 35+ other strategies in the market raising capital. In January 2019, Stonepeak realized its investment in Dominion. 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. The investment required to accomplish this is in the tens of trillions of dollars. 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 remain committed to being a world-class asset manager, and to investing capital for you and the rest of our investment partners in high-quality assets that earn solid cash returns on equity, while emphasizing downside protection for the capital employed. 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. 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). % For more information, visit www.global-infra.com. He leads GIP's capital markets group, which is responsible for our portfolio company debt financing activities across commercial lending and capital markets. The Company invests in the natural resources infrastructure, water distribution and . We have been both selling more mature industrial and life sciences properties, where excellent returns have been locked in, and are buying others. You can sign up for additional alert options at any time. Jan 2011 - Jun 20165 years 6 months. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Download the Report. 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. This shows both the power of the franchise and the interest from investors in achieving net zero globally. 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) 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. Global Infrastructure Partners was established in May 2006. 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. The firm's first investment was announced in October 2006. Global Infrastructure Hub | 15,500 followers on LinkedIn. Such terms are used solely for the sake of convenience for purposes of the present communication. Get the full list, Morningstar Institutional Equity Research, Co-Founding Partner, Chairman & Chief Executive Officer, Partner, President & Chief Operating Officer, Managing Director & Chief Financial Officer. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. We generated a record $12.4 billion of total net incomecompared with $707 million in 2020. The winners in categories such as firm and fundraise of the year, as well as sectors like digital infrastructure and transport. 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. 2023 PitchBook. 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. 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. 1 0 obj On this Wikipedia the language links are at the top of the page across from the article title. When typing in this field, a list of search results will appear and be automatically updated as you type. Sharon Merrill Associates, Inc. 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. 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 . North America: 1-866-989-0311. Headquartered in New York, GIP operates out of 10 offices: New York, London, Stamford (Connecticut), Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore and Hong Kong. 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. This should help us achieve strong returns in the future. We are disciplined in acquiring high-quality assets and businesses that we believe can deliver strong performance across market cycles. Bob, Lucy and Andrew have made meaningful contributions to GIP's businesses and these well-deserved promotions are testaments to their leadership capabilities.". 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. You may also choose the sectors and regions you want to analyse. 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. As of December 2020, Global Infrastructure Partners had aggregate assets under management of approximately US$75 billion, such investments being concentrated in OECD countries. 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. Please also choose a country and/or region you want to analyse. As a result, we should be able to grow the value of our businesses coming out of this recession, while working towards narrowing the gap between the intrinsic value and the trading price of a Brookfield share. Likewise, the words "we", "us" and "our" may also be used to refer to subsidiaries in general or to those who work for them. Market raising capital and businesses that we can preserve capital across all business cycles company invests infrastructure! 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