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. 617-542-5300 GLP@investorrelations.com GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. The terms "Company" or "TotalEnergies company" refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Since then, the markets have come back as investors witnessed the resilience of prime real estateand continue to be attracted to the cash yield it generates in a low interest rate world. 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. EmergentCold LatAm In an inflationary environment, backbone real assets, private credit and transition-focused investments are where you want to be invested. In undertaking this work Oxford Economics drew on information provided by third parties, upon which Oxford Economics has relied on in good faith. Sharon Merrill Associates, Inc. With approximately 1,700 locations primarily in the Northeast, Global Partners is one of the regions largest independent owners, suppliers and operators of gasoline stations and convenience stores. 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. Brookfield Asset Management Inc. Prospectus Year Document Access ; 2007: 2007 Prospectus. With money available and interest rates low, this is a very constructive environment for good businesses. You can sign up for additional alert options at any time. 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. Bengaluru Area, India. Our non-traded REIT is now being distributed on four wealth platforms globally, with additional major platforms expected in the coming months. Lucy Chadwick joined GIP in 2019 with over 30 years of transport industry and government experience. GIP also manages several other Funds which focus on investments in infrastructure in other asset classes or target specific regions. GIP's main headquarters are located in New York City and its equity investments are based on infrastructure assets in the energy, transport and water & waste sectors. 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. Our Strategy Portfolio As a result, this should become a very large business for us. 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. Our renewable power and infrastructure businesses have been resilient over the last two years, delivering consistent, steady growth. Select a sector to view its investment forecasts. This fund was raised fasterand is largerthan expected, and we have already started putting the capital to work to help companies decarbonize their operations. Tel:416-956-5129 Leveraging our operating experience, we invest in key sectors across renewable power & transition, infrastructure, private equity, real estate, and credit & insurance. Our asset management business continues to establish itself as one of the pre-eminent brands globally. GIP's main headquarters are located in New York City and its equity investments are based on infrastructure assets in the energy, transport and water & waste sectors. Choose a sector(s). We are a premier global alternative asset manager with approximately $690 billion of assets under management. By continuing to browse this site, you agree to this use. Twitter: @TotalEnergiesLinkedIn:TotalEnergiesFacebook: TotalEnergiesInstagram:TotalEnergiesTwitter: @TotalEnergiesPR, Investor Relations: +33 (0)1 47 44 46 46 l [emailprotected]. We recognize that generating attractive returns often requires seeking out assets, businesses, markets and sectors that are out of favor or experiencing periods of distress. 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. All in all, 2021 was a pretty good year. Total forecast infrastructure investment gaps. We take a conservative approach to the use of leverage, ensuring that we can preserve capital across all business cycles. Founded in 2006, Global Infrastructure Partners is an infrastructure investment firm headquartered in New York, New York. But for new investors who do not know us as well, this can be more time-consuming to understand. Win whats next. Likewise, the words "we", "us" and "our" may also be used to refer to subsidiaries in general or to those who work for them. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. 2019. Global Infrastructure Partners operates as an investment company. 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. 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. The data from this website is from analysis and modelling by Oxford Economics, who the Global Infrastructure Hub engaged to produce Global Infrastructure Outlook. GIP and ACTIS ANNOUNCE ACQUISITION OF ATLAS RENEWABLE ENERGY BY GIP, Skyborn Renewables Launches as a Leading Company in Global Wind Power. As of the end of 2015, AUM stood at $7.23tn, rising to $13.32tn by the end of 2021 and we expect AUM growth to accelerate to 11.7% and reach $23tn in 2026. 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. Our diversified real estate portfolio allowed us to reap the benefits of the continued reopening across most of our businesses. AP WIP Investments, LLC - December 31 2019 and 2018 Audited Financial Statements. Andrew serves on the Board of Terminal Investment Limited. 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. 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. Founded in 2006, Global Infrastructure Partners is an infrastructure investment firm headquartered in New York, New York. We pursue investment strategies on behalf of like-minded investors, focusing on delivering strong, consistent performance over the long term. In total as of 2018, its portfolio companies employ approximately 21,000 people. We acquired a lot of real estate early in 2021 and are now successfully unlocking value through the monetization of select assets. Boston, MA 02116, 617-542-5300 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). About Global Infrastructure PartnersEstablished in 2006, GIP is one of the world's leading specialist infrastructure investors. Furthermore, KKR has deployed $11 billion in infrastructure investment in the past 12 months. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. This report outlines some of the current and future initiatives we are committed to addressing as part of our ESG strategy. And do not hesitate to contact any of us should you have suggestions, questions, comments or ideas you wish to share. 31 Adelaide St. E As we consider these options (including possibly doing nothing), we will report in the quarters/years aheadand will be pleased to hear any views that you have. 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. We recently created a partnership with Sequoia Capital China to invest in new economy infrastructure. All other figures as of February 2023. 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. Please check your spam or junk folder just in case. For enquiries . The infrastructure sector sits at a collision point of global disruptions, including shifts in capital availability, evolving social and environmental priorities, and rapid urbanisation. Global Infrastructure Outlook - A G20 INITIATIVE 3 countries sectors and regions you want to analyse. However, a critical point in this is that everything does not have to become green todayin fact, not everything can be green today. This shows both the power of the franchise and the interest from investors in achieving net zero globally. Global Infrastructure Outlook allows you to explore the annual infrastructure trends, needs and gaps up to 2040 for 7 sectors, 56 countries, 5 regions and the world total. Throughout our operations in more than 30 countries on five continents, we are committed to supporting and enhancing the communities in which we operate. 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. 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. 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]. Please also choose a country and/or sector you want to analyse. Global Infrastructure Partners (GIP) is a leading global independent infrastructure fund manager. 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. It is quite possible that one-third of our business could be in these markets one day. We own utilities, rail, ports, offices, hospitals, nursing homes, data centers, residential and industrial properties, and numerous industrial businesses. Global Partners LP 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. Bayo Ogunlesi, Chairman and Managing Partner of GIP, commented, "We are delighted to announce these promotions as we continue to invest in our most important asset, our people. GIP works in partnership with the public sector and other stakeholders to improve. We started in South Korea 10 years ago and have one of the strongest client rosters of any foreign manager in the country. More recently, we acquired a number of new-build industrial logistics warehouse projects and land for data centers. 2 0 obj 2021 ESG Report. Japan is becoming more interesting all the time and we continue to increase our presence there. GIP employs approximately 150 investment and operational professionals and has offices in New York, London and Sydney, with operational headquarters in Stamford, Connecticut. 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 are extremely pleased to partner with TotalEnergies to continue leading the energy transition in the U.S. We are proud of the growth and accomplishments of the Clearway team since our initial investment in 2018, and we are confident that with TotalEnergies as a partner, Clearway will be able to accelerate the deployment of cost competitive renewable power in the U.S. At the same time, GIP's investment in SunPower is our initial commitment in the distributed generation space, which we believe will provide critical solutions to facilitate the nation's clean energy future. https://www.businesswire.com/news/home/20220228005904/en/, Gregory B. Hanson Please always remember that compounding reasonable returns over long periods of time is an incredible miracle of finance. It is therefore equally important to go where the emissions are and provide capital to convert a coal-based utility or a carbon-intensive industrial business. GIP Credit targets energy, transport, digital, water/waste and other industries or projects with infrastructure-like characteristics. Don't have an account? You must click the activation link in order to complete your subscription. Select a country to view its investment forecasts. 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. More importantly, our franchise is stronger and more durable today than it has ever been. 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. 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. We raised $71 billion of capital during the year. Our funds own 46 current portfolio companies which have combined annual revenues of US$40 billion and employ in . GLP@investorrelations.com. CWEN.A). Economies are normalizing as central bank intervention is withdrawn. 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. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. For all Brookfield Infrastructure Corporation investor enquiries, please call our shareholder enquiries line: bip.enquiries@brookfield.com Two founding investors in its first fund, GIP I, were Credit Suisse and General Electric. 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. NEW YORK, Jan. 26, 2022 /PRNewswire/ -- Global Infrastructure Partners ("GIP . Not the case? Both committed approximately 9% of the US$5.64 billion of GIP I's committed capital. These assets include seaports, freight rail facilities, midstream natural resources and power generation businesses. Since joining GIP, he has helped arrange approximately $100 billion of financings for our portfolio companies. At the end of 2021, TotalEnergies' gross renewable electricity generation capacity is more than 10 GW. As of December 2020, Global Infrastructure Partners had aggregate assets under management of approximately US$75 billion, such investments being concentrated in OECD countries. At Global Partners LP, we promise to treat your data with respect and will not share your information with any third party. 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. 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. 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. Sembcorp to acquire Vector Green Energy from Global Infrastructure Partners for $345m Submitted 22/11/2022 - 11:06am Sembcorp Industries is to acquire Mumbai-based energy producer Vector Green Energy for $345 million from a fund managed by the Indian unit of private equity firm Global Infrastructure Partners, according to a report by Deal . 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. We manage funds across four asset classes - infrastructure, debt investments, listed equities and private equity. Performance in our asset management business was very strong, resulting in total Distributable Earnings of $6.3 billion for the year. Sign up for additional alert options at any time several other funds which focus on investments in infrastructure firm... Electricity generation capacity is more than 10 GW business could be in these one! 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