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global infrastructure partners annual report

Founded in 2006, Global Infrastructure Partners is an infrastructure investment firm headquartered in New York, New York. We began operations in Beijing in January 2016 and have since grown to 106 approved members worldwide. We started in South Korea 10 years ago and have one of the strongest client rosters of any foreign manager in the country. He leads GIP's capital markets group, which is responsible for our portfolio company debt financing activities across commercial lending and capital markets. 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. 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 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. GIP announced the sale of the asset in February 2016 for a significant multiple of its acquisition price. A verification email is on its way to you. Global Partners LP Files 2021 Annual Report on Form 10-K February 28, 2022 Download WALTHAM, Mass.-- (BUSINESS WIRE)-- 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. We focus on value creation and capital preservation, investing in high-quality assets and businesses within our areas of expertise. As of December 2020, Global Infrastructure Partners had aggregate assets under management of approximately US$75 billion, such investments being concentrated in OECD countries. (Put into perspective, even eight rate hikes will bring the U.S. short rate only to around 2%.). 2023 PitchBook. With assets under management at a record-high $582bn, private infrastructure is continuing to grow. A link has been emailed to you - check your inbox. GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. "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. Global: 1-416-363-9491. 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. % 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 . Global:1-416-363-9491. It is still early, but with interest rates looking to continue in a low-ish range for longer, this business could become significant to us. This capital is the result of both the retention of profits and growth in asset values over the decades. In undertaking this work Oxford Economics drew on information provided by third parties, upon which Oxford Economics has relied on in good faith. In total, our business now accounts for $13 billion of assets across wind and solar projects, distributed electricity generation, office, industrial warehouse, retail and mixed-use projects, multi-family residential, and industrial businesses. Likewise, the words "we", "us" and "our" may also be used to refer to subsidiaries in general or to those who work for them. Our funds own 46 current portfolio companies which have combined annual revenues of US$40 billion and employ in excess of 63,000 people. Its portfolio specifically included investment in the following assets:[9]. Throughout our operations in more than 30 countries on five continents, we are committed to supporting and enhancing the communities in which we operate. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. This fund was raised fasterand is largerthan expected, and we have already started putting the capital to work to help companies decarbonize their operations. endobj 2007 Annual Report. (a) partner with low- and middle-income countries to finance infrastructure across key sectors that advances the four key priorities critical to sustainable, inclusive growth: climate and energy. 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). 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. Cision Distribution 888-776-0942 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. 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. 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. Done Clear countries A G20 INITIATIVE Forecasting infrastructure investment needs and gaps Compare forecasts globally, or across 56 countries & 7 sectors & 5 regions Start now Download full report Sectors Total across all selected sectors Energy Investor Enquiries. Global Infrastructure Partners (GIP) is a leading global independent infrastructure fund manager. Since 2018, the GI Hub has transformed from a start-up entity to a small, strong, and nimble organisation that is a central source of knowledge on leading practice, innovation, and market trends for the infrastructure community as well as being a respected G20 advisor and participant. 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. The second type of opportunity focuses on providing capital to industrial companies to enable them to decarbonize their operations. GIP and TotalEnergies are well-positioned to support SunPower management's growth strategy. 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. 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. 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. We are in the final stages of closing our $15 billion Brookfield Global Transition Fund I. The Company invests in the natural resources infrastructure, water distribution and . We raised $71 billion of capital across our flagship and complementary strategies, which increased total fee-bearing capital to $364 billion at year-end. We started with an experienced fundraising team, and are now building solar projects and industrial logistics real estate. Private Participation in Infrastructure (PPI) - World Bank Group 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. We raised $71 billion of capital during the year. Lucy serves on the Boards of NTV Italo and Naturgy Energy Group. Both committed approximately 9% of the US$5.64 billion of GIP I's committed capital. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. And do not hesitate to contact any of us should you have suggestions, questions, comments or ideas you wish to share. The launch of Brookfield Reinsurance has been successful on many fronts. The firm seeks to invest in core and core-plus infrastructure opportunities in the energy, transportation, and water and waste sectors. With money available and interest rates low, this is a very constructive environment for good businesses. %PDF-1.5 Preqin forecasts show how different asset classes and markets will grow at different paces. Transfer Agent. Cautionary NoteThis press release, from which no legal consequences may be drawn, is for information purposes only. For many decades our sole focus has been on compounding shareholder capital. 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 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. Our operations are highly geared to the economic recovery. Global Infrastructure Outlook was first released in July covering 50 major countries around the world. We are a premier global alternative asset manager with approximately $690 billion of assets under management. 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 manage funds across four asset classes - infrastructure, debt investments, listed equities and private equity. 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. While most property fundamentals were largely unaffected as leases were in place and there were few bankruptcies this down-cycle, leasing and capital markets activities for virtually all assets ground to a halt for a period of time. GIP targets investments in the energy, transport, digital infrastructure, and water/waste sectors in both OECD and select emerging market countries. And despite some setbacks with a new variant appearing in December, these are passing as we write. 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). Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. It fits perfectly with our strategy to make solar and wind energy one of our main growth drivers along with liquefied natural gas that we have recently reinforced with the launch of Cameron extension. We have only scratched the surface and believe that Japan will become a very meaningful investment market for us. 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). Performance in our asset management business was very strong, resulting in total Distributable Earnings of $6.3 billion for the year. Two founding investors in its first fund, GIP I, were Credit Suisse and General Electric. Today in Australia we have access to global capital, but truly are a local player. 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. All combined, we have seen significant growth in our asset management earnings, with fee-related earnings growing by 33% in 2021, and we expect to see another step change in 2022. NEW YORK, Jan. 26, 2022 /PRNewswire/ -- Global Infrastructure Partners ("GIP . In 2021, we generated a record $12.4 billion of total net incomecompared with $707 million in 2020. Forecasts of the investment required to meet the UN Sustainable Development Goals for universal access to electricity, water and sanitation are calculated for low and middle income countries where access is currently less than 100 percent. Most recently we committed to close our largest transaction to date: the purchase of a public company with an enterprise value of US$13 billion, which owns four utilities in Victoria. The World Economic Forum's Global Future Council on Infrastructure is meeting this year to discuss and develop new tools to help attract investment and to bring innovation into infrastructure development 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. Global Infrastructure Partners - 2023 All Rights Reserved. Please check your spam or junk folder just in case. It was updated in 2018 to 56 countries to include, at the time, the 10 African countries participating in the G20 Compact with Africa. With money available and interest rates low, this is a leading independent. Began operations in Beijing in January 2016 and have one of the asset in February 2016 a! Launch of Brookfield Reinsurance has been successful on many fronts press release, from which no consequences. 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global infrastructure partners annual report