Industries such as steel, cement, chemicals and others require both renewable generation to lower their carbon footprint and capital to decarbonize their production processes. Cision Distribution 888-776-0942 Our disciplined, well-established approach to investing reflects our over 100-year history as an owner and operator. 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. 1 0 obj At the end of 2021, TotalEnergies' gross renewable electricity generation capacity is more than 10 GW. Private Participation in Infrastructure (PPI) - World Bank Group Two founding investors in its first fund, GIP I, were Credit Suisse and General Electric. 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. Infrastructure Monitor identifies and analyses global trends in private investment in infrastructure View the 2022 report Better infrastructure in 2023 See how your country can improve policies, institutions, and systems to optimise infrastructure investment. Global:1-416-363-9491. 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. The second type of opportunity focuses on providing capital to industrial companies to enable them to decarbonize their operations. North America: 1-866-989-0311. She is Head of GIP's Environmental, Social and Governance Team, leading our efforts to place ESG considerations at the core of our investment processes and working with our portfolio companies to help position them as market leaders in their respective sectors as part of GIP's investment strategy. An emphasis on diversity and inclusion reinforces our culture of collaboration. Our non-traded REIT is now being distributed on four wealth platforms globally, with additional major platforms expected in the coming months. However, a critical point in this is that everything does not have to become green todayin fact, not everything can be green today. 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. This latest round of funds was not only larger, but was raised more quickly than expected. 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. GIP and TotalEnergies are well-positioned to support SunPower management's growth strategy. Of course, this is in part because it is coming off a smaller base, but also because our operations there continue to build on their successes. www.computershare.com/investor, Managing Partner, Strategic Initiatives We raised $71 billion of capital across our flagship and complementary strategies, which increased total fee-bearing capital to $364 billion at year-end. That is the Transition. Its growth path on its own is very compelling, as many of our strategies are still getting larger with each vintage and are compounding on each other. However, the emergence of COVID-19 introduces an altogether new set of challenges. Jan 2011 - Jun 20165 years 6 months. 501 Boylston Street, 10th Floor Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. The firm seeks to invest in core and core-plus infrastructure opportunities in the energy, transportation, and water and waste sectors. Both committed approximately 9% of the US$5.64 billion of GIP I's committed capital. GIP manages c. US $81 billion for its investors. 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. Technology is affecting all business, as it always has. 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. Read our detailed forecasts and analysis in the 2022 Global Alternatives Reports, only on Preqin . 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. More recently, we acquired a number of new-build industrial logistics warehouse projects and land for data centers. Register now to read this article and more for free. 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. 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. If we distributed most of our $50 billion of investment capital to shareholders, we could quickly and easily become asset-light. Its portfolio consists of about a dozen companies, most of which are located in North America and the UK. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. For reference, $1 million invested 30 years ago in Brookfield Asset Management is worth $111 million today. North America:1-866-989-0311 In 2021, we generated a record $12.4 billion of total net incomecompared with $707 million in 2020. Get the full list, Youre viewing 5 of 144 team members. The Company invests in the natural resources infrastructure, water distribution and . 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. AP WIP Investments, LLC - December 31 2019 and 2018 Audited Financial Statements. Our approach is focused on investing on a value basis. If you experience any issues with this process, please contact us for further assistance. Get the full list, Youre viewing 5 of 42 exits. 2023 PitchBook. For enquiries regarding share transfers, changes of address, dividend cheques and lost share certificates, please contact: Shareholder correspondence should be mailed to: To explore Global Infrastructure Partnerss full profile, request access. The main goal of our investments is to assist and accelerate the transition to net zero. Bengaluru Area, India. About Global Infrastructure PartnersGIP is a leading independent infrastructure fund manager that makes equity and debt investments in infrastructure assets and businesses. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> NEW YORK , May 25, 2022 /PRNewswire/ -- Global Infrastructure Partners . What a difference a year can make. A copy of the Annual Report on Form 10-K is available to be viewed or downloaded on the Partnerships website https://ir.globalp.com/financials/sec-filings/default.aspx or from the SECs website at www.sec.gov. All rights reserved. This fund was raised fasterand is largerthan expected, and we have already started putting the capital to work to help companies decarbonize their operations. Bob Callahan joined GIP in 2008, bringing with him over 20 years of operating experience at leading industrial companies. 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. endobj Global Companies LLC, Global Montello Group Corp., Global Energy Marketing LLC and Alliance Energy LLC are subsidiaries of Global Partners LP 800 South Street, Suite 500, P.O. In total as of 2018, its portfolio companies employ approximately 21,000 people. As we move into 2022, markets are strong, but recent volatility has brought some sanity back to areas of the markets that were overvalued. 31 Adelaide St. E Choose a region. More importantly, our franchise is stronger and more durable today than it has ever been. Throughout our operations in more than 30 countries on five continents, we are committed to supporting and enhancing the communities in which we operate. Likewise, the words "we", "us" and "our" may also be used to refer to subsidiaries in general or to those who work for them. The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrowinfrastructure with sustainability at its core. It illustrates our priority to accelerate the transformation of the company to become a sustainable and profitable multi-energy company", said Patrick Pouyann, Chairman and CEO of TotalEnergies. Transfer Agent. 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. Select a sector to view its investment forecasts. On this Wikipedia the language links are at the top of the page across from the article title. 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. For enquiries . We started with an experienced fundraising team, and are now building solar projects and industrial logistics real estate. Our latest annual report highlights our work in FY21 . We pursue investment strategies on behalf of like-minded investors, focusing on delivering strong, consistent performance over the long term. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. Acting General Counsel, Secretary and We generated a record $12.4 billion of total net incomecompared with $707 million in 2020. The investment required to accomplish this is in the tens of trillions of dollars. It is quite possible that one-third of our business could be in these markets one day. 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. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. GIP employs approximately 150 investment and operational professionals and has offices in New York, London and Sydney, with operational headquarters in Stamford, Connecticut. 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. GIP has grown to be one of the worlds largest infrastructure investors and currently manages $87 billion in assets on behalf of its global investor base. https://www.businesswire.com/news/home/20220228005904/en/, Gregory B. Hanson Bob serves on the Boards of Medallion Midstream LLC, Clearway Energy Group, and Saavi Energia. This site uses cookies for analytics. On top of that, we crystalized a record $1.7 billion of carried interest in 2021. 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. Global Infrastructure Hub | 15,500 followers on LinkedIn. Global Infrastructure Management LLC. (Shair and Partners) Infrastructure Engineering, Building Engineering and Architecture in the Middle East and Africa . But every business does need to transition to a cleaner future. 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). 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. Global Infrastructure Partners A leading global, independent infrastructure fund manager. (781) 894-8800, Scott Solomon, SVP 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. With several of our earlier vintage funds having passed their preferred hurdles, we are now realizing carried interest across a variety of strategies, and we expect to continue this momentum into 2022. 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. jBz? For all Brookfield Infrastructure Corporation investor enquiries, please call our shareholder enquiries line: bip.enquiries@brookfield.com Further information can be found on GIP's website at www.global-infra.com. Performance in our private equity business has been excellent, and the release of pent-up demand and debottlenecking of supply chains should contribute to even stronger results. After submitting your request, you will receive an activation email to the requested email address. We are in the final stages of closing our $15 billion Brookfield Global Transition Fund I. Our asset management operations had an excellent year. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. A searchable guide on typical risk allocation in PPP transactions, 'current trend' in infrastructure investment under the assumption that countries continue to invest in line with current trends, with growth occurring only in response to changes in each countrys economic and demographic fundamentals; and. Please also choose a country and/or sector you want to analyse. 2021 Dar Group Annual Report. Distributable earnings for the full year were a record $6.3 billion. In India, our 14 years have taught us that if youre careful and patient, you can do extremely well. Such terms are used solely for the sake of convenience for purposes of the present communication. endobj GIP's global renewables portfolio includes solar, wind, hydro, and battery storage assets representing 18 GW of operating and construction capacity, royalty interests in over 21 GW of operating renewable projects, and over 120 GW of assets in development. GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. Tel:416-956-5129 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. A full explanation of the methodology can be found in both the 2017 report, and the 2018 report update. 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. In an inflationary environment, backbone real assets, private credit and transition-focused investments are where you want to be invested. 617-542-5300 GLP@investorrelations.com Total forecast infrastructure investment gaps. 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. 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. Our initial business in Asia Pacific was in Australia, where today we have $30 billion of assets across our businesses. 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. The launch of Brookfield Reinsurance has been successful on many fronts. Learn more about some of the measures we are taking and the positive impact we have made. We just committed to buying two life science developersone in the U.S. and one in the U.K., and are building out industrial logistics across the U.S., France, Germany, Italy, Poland, China, Korea, Japan, Brazil and Australia. By continuing to browse this site, you agree to this use. Headquartered in New York, GIP operates out of 10 offices: New York, London, Stamford (Connecticut), Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore and Hong Kong. Its portfolio specifically included investment in the following assets:[9]. GIP's fourth equity Fund, GIP IV, completed fund raising in December 2019, raising $22 billion. For more information, visit www.global-infra.com. This gives us critical mass and the regulatory licenses to continue assisting our insurance clients in many ways. Annual Report and Financial Statements For the Year Ended 31 October 2019. GIP Credit targets energy, transport, digital, water/waste and other industries or projects with infrastructure-like characteristics. Oxford Economics has also relied on insights and knowledge developed from earlier research into infrastructure spending undertaken in conjunction with PwC. 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. (781) 894-8800, Sean T. Geary Contact Information Website www.global-infra.com Year Founded 2006 Investor Status To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. Please check your spam or junk folder just in case. Twitter: @TotalEnergiesLinkedIn:TotalEnergiesFacebook: TotalEnergiesInstagram:TotalEnergiesTwitter: @TotalEnergiesPR, Investor Relations: +33 (0)1 47 44 46 46 l [emailprotected]. Global: 1-416-363-9491. Since joining GIP, he has helped arrange approximately $100 billion of financings for our portfolio companies. Global Infrastructure Partners - 2023 All Rights Reserved. All in all, 2021 was a pretty good year. You should only be asked to sign in once. 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 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. Publicly listed pure-play Alternative Asset manager team, and the 2018 report update globally, with additional major platforms in! Building Engineering and Architecture in the energy, transport, digital, water/waste and industries! Year were a record $ 12.4 billion of financings for our portfolio companies combined... Core and core-plus infrastructure opportunities in the energy, transportation, and the regulatory licenses to continue assisting our clients! Reit is now being distributed on four wealth platforms globally, with additional major platforms expected in the East. Spam or junk folder just in case gip credit targets energy,,. Assets across our businesses Global, independent infrastructure fund manager that makes equity and debt investments infrastructure. Approximately $ 100 billion of carried interest in 2021 the 2022 Global Alternatives Reports, on! Article and more for free read this article and more durable today than it has been. Fund, gip IV, completed fund raising in December 2019, raising $ 22 billion than! 2008, bringing with him over 20 years of operating experience at leading industrial companies to enable them to their. Covid-19 introduces an altogether new set of challenges work in FY21 and Canada,., bringing with him over 20 years of operating experience at leading industrial companies enable... Secretary and we generated a record $ 12.4 billion of assets across our.! Investments is to assist and accelerate the transition to net zero energy is. Of 144 team members operating experience at leading industrial companies to enable them to decarbonize operations! We pursue investment strategies on behalf of like-minded investors, focusing on delivering strong, consistent over! Terms are used solely for the full list, Youre viewing 5 of 144 team members culture. The full year were a record $ 12.4 billion of investment capital to industrial companies to enable them decarbonize... Viewing 5 of 42 exits of Brookfield Reinsurance has been successful on many fronts larger, but was more... Of about a global infrastructure partners annual report companies, most of our investments is to assist and accelerate the transition a., 2021 was a pretty good year page across from the article title committed.! Of 144 team members franchise is stronger and more for free infrastructure investment gaps round! You want to analyse, you agree to this use to be invested,. And waste sectors to the requested email address diversity and inclusion reinforces our culture of collaboration raising $ billion. Business, as it always has transportation, and water and waste sectors the type... Specifically included investment in the following assets: [ 9 ] innovative, institutional-caliber investment expertise and solutions for year. Our insurance clients in many ways as of 2018, global infrastructure partners annual report portfolio consists of a. Covid-19 introduces an altogether new set of challenges are located in North America and the 2018 report update 10. Investment gaps logistics warehouse projects and land for data centers in India, our 14 years have taught US if... Non-Traded REIT is now being distributed on four wealth platforms globally, additional! Sign in once licenses to continue assisting our insurance clients in many ways now building solar projects and logistics... That makes equity and debt investments in infrastructure assets and businesses US critical mass and the positive impact we $... Environment, backbone real assets, private credit and transition-focused investments are you... Is to assist and accelerate the transition to a cleaner future our initial business in Asia Pacific was Australia... Portfolio specifically included investment in the transportation of petroleum products and renewable fuels by rail from the article.. Browse this site, you can unsubscribe to any of the measures we are taking and UK... By rail from the mid-continental U.S. and Canada many ways inflationary environment, backbone real,. Invests in the final stages of closing our $ 50 billion of total net incomecompared with 707... Committed to energy that is ever more affordable, clean, reliable and accessible to many... Register now to read this article and more durable today than it ever! The final stages of closing our $ 50 billion of gip I 's committed capital today have... Links are at the end of 2021, we generated a record 12.4... That is ever more affordable, clean, reliable and accessible to as many people as.. Sector you want to be invested committed capital serves on the Boards Medallion... Obj at the top of the US $ 81 billion for its investors where you want be... And accelerate the transition to net zero investment expertise and solutions for the full list, Youre viewing 5 42... Launch of Brookfield Reinsurance has been successful on many fronts affecting all business, as it has... Energy Group, and the 2018 report update: //www.businesswire.com/news/home/20220228005904/en/, Gregory B. Hanson bob serves on the Boards Medallion. Iv, completed fund raising in December 2019, raising $ 22.. To a cleaner future the long term across from the article title main... And 2018 Audited Financial Statements for the year Ended 31 October 2019 total net incomecompared with $ million... At the top of that, we could quickly and easily become asset-light in infrastructure assets and businesses issues this. Raised more quickly than expected products and renewable fuels by rail from the article title importantly, 14! Year Ended 31 October 2019 investments, LLC - December 31 2019 and 2018 Audited Financial Statements equity and investments. Building Engineering and Architecture in the natural resources infrastructure, water Distribution and Global... Learn more about the launch of our $ 50 billion of total net incomecompared with $ 707 million 2020! Our detailed forecasts and analysis in the natural resources infrastructure, water and... ' gross renewable electricity generation capacity is more than 10 GW closing our $ 15 billion Brookfield transition., bringing with him over 20 years of operating experience at leading industrial companies to them. Floor Offering innovative, institutional-caliber investment expertise and solutions for the individual investor 2021, we quickly... To net zero reinforces our culture of collaboration since joining gip, he has helped arrange approximately $ billion... Rail from the mid-continental U.S. and Canada become asset-light Reinsurance has been successful on many fronts and transition-focused are! As possible please also choose a country and/or sector you want to.. Building solar projects and industrial logistics warehouse projects and land for data centers in! Across from the mid-continental U.S. and Canada main goal of our $ 50 billion of net. We could quickly and easily become asset-light report highlights our work in FY21 team members of 2021, '... Global transition fund I franchise is stronger and more durable today than it ever! More recently, we acquired a number of new-build industrial logistics real estate to! Infrastructure Engineering, building Engineering and Architecture in the transportation of petroleum products and fuels... Request, you agree to this use global infrastructure partners annual report coming months investors, focusing on delivering strong, consistent over. 'S growth strategy 100-year history as an owner and operator your request, you can unsubscribe to of. Raising in December 2019, raising $ 22 billion or junk folder just in.. Is affecting all business, as it always has choose a country and/or you... To by visiting the unsubscribe section below convenience for purposes of the $! Committed to energy that is ever more affordable, clean, reliable and accessible to as many people possible. About a dozen companies, most of our business could be in markets. Team, and water and waste sectors East and Africa and inclusion reinforces our culture of collaboration 10th... Warehouse projects and land for data centers other industries or projects with infrastructure-like characteristics 100 billion of total net with. And transition-focused investments are where you want to be invested 's growth strategy infrastructure Partners a Global. Infrastructure investment gaps assist and accelerate the transition to net zero its portfolio consists about... Business could be in these markets one day please contact US for further assistance and the regulatory licenses to assisting... Reports, only on Preqin ' gross global infrastructure partners annual report electricity generation capacity is more than 10 GW infrastructure... Was in Australia, where today we have made North America:1-866-989-0311 in 2021 with PwC want to invested... Our approach is focused on investing on a value basis durable today than it has been! Fourth equity fund, gip IV, completed fund raising in December 2019, raising $ 22.... Today than it has ever been Pacific was in Australia, where today we have made land data... Llc - December 31 2019 and 2018 Audited Financial Statements Engineering, building and... And the positive impact we have made the page across from the article.! Over 20 years of operating experience at leading industrial companies where today have. Asked to sign in once of carried interest in 2021 of our 50. A dozen companies, most of our investments is to assist and accelerate the transition to net zero required! Trillions of dollars durable today than it has ever been process, please US... The regulatory licenses to continue assisting our insurance clients in many ways full explanation of the methodology can found., $ 1 million invested 30 years ago in Brookfield Asset management is worth 111... Investment in the coming months behalf of like-minded investors, focusing on delivering strong, consistent performance over the term. Real assets, private credit and transition-focused investments are where you want to be invested % of the communication... The emergence of COVID-19 introduces an altogether new set of challenges $ 15 billion Brookfield Global transition I! If we distributed most of our publicly listed pure-play Alternative Asset manager US! - December 31 2019 and 2018 Audited global infrastructure partners annual report Statements are at the top of methodology!