Your Infra Network
GCP International, which has investments in digital infrastructure, logistics and self-storage in the Americas, Asia and Europe, is being sold by GLP Capital Partners Ltd., to Ares Management Corp., a real estate asset management company, for $3.7 billion.
Blue Owl Capital Inc. announces a definitive agreement to acquire IPI Partners, LLC, a digital infrastructure fund manager, for approximately $1 billion. Expected to close by early 2025, the acquisition is projected to be earnings-neutral in 2025 and modestly accretive by 2026. Blue Owl will collaborate with ICONIQ Capital to drive future growth.
AIP Management has agreed to acquire a 33% stake in Valorem, an independent European renewable energy developer and power producer, from investment firm 3i Infrastructure for €309 million.
BlackRock has agreed a deal worth $12.5 billion to buy Global Infrastructure Partners. The new platform, the largest in the world will manage around $170 billion of assets in more than 100 countries.
This second vintage takes the form of a Fund of debt funds, with capital drawdowns, a maturity of 8-years, and a target size of EUR 300 million. Classified as Article 8 under SFRD, the fund is poised to capitalise on the complex and diverse European private market (stressed and non-core loans). This second vintage targets a Net IRR of 12-15% by investing in 6 to 8 private debt funds.
Eurazeo announces that its maiden infrastructure program has held its final close at €706 million in aggregate commitments from institutional investors across North America, EMEA and France. The final close exceeds the original €500 million target by over 40% only 20 months after first closing, reflecting the strong investor demand for the Fund’s diversified SFDR Article 9 investment strategy focused on the transition of essential services delivered by infrastructure to a low carbon economy.
"Societies everywhere are grappling with major, overlapping challenges: Energy security pressures, the transition to a low-carbon economy, changing demographics and urbanization, and realigning supply chains. On the horizon is a digital revolution led by artificial intelligence." Read the full paper
Verkor secures over 1.3 billion euros in green financing with the support of 16 commercial banks and 3 public banks. These funds will be directly allocated to the construction and financing of Verkor’s first Gigafactory located in Dunkirk, France, with an initial production capacity of 16 GWh/year. With this new transaction, the total amount of financing secured by Verkor for its first Gigafactory and the Verkor Innovation Centre peaks at more than 3 billion euros.
Highlights included fundraising for Flagship Fund V passing €9.0bn in commitments in 2023 and representing 90% of the Fund’s target size of €10bn. Alain Rauscher, Chairman and CEO, declared "we believe the medium-term prospects for infrastructure and for Antin are better than ever, with supportive megatrends such as the energy transition and the digitalisation of infrastructure providing substantial growth opportunities."
A ten-year framework agreement has been signed between Kevin Speed and SNCF. The young French start-up has given the go-ahead for its fund-raising. The rail operator wants to raise €1.2 billion in equity and debt by the end of summer 2024 to finance its ambitious industrial plan.
BlackRock and Global Infrastructure Partners (“GIP”), a leading independent infrastructure fund manager, jointly announce that they have entered into an agreement for BlackRock to acquire GIP for total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common stock.
The French company, which exceeded 100 employees last year, is developing its EMS (Energy Management System) to cover all issues related to the energy transition of buildings