Blackrock Agrees To Acquire Global Infrastructure Partners (“gip”), Creating A World Leading Infrastructure Private Markets Investment Platform

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BlackRock, Inc. (NYSE: BLK) reportedly to buy Global Infrastructure Partners (GIP) for $3 billion in cash and 12 million shares of its ordinary stock. The $1 trillion infrastructure market is expected to grow fast in private markets. Increased worldwide demand for enhanced digital infrastructure, logistics hub investments, and decarbonization and energy security encourage infrastructure investment acceleration.

With a global corporate network, BlackRock leads vital infrastructure projects to improve global communities and produce long-term investment advantages for clients. A comprehensive global infrastructure franchise with distinctive origination and asset management is expected from the acquisition of GIP, a major independent infrastructure investor.

Market-leading infrastructure competence across equity, debt, and solutions is the goal of the $150 billion combined firm. The partnership will use GIP's exclusive origination and business improvement capabilities and BlackRock's worldwide corporate and sovereign contacts. The integration should enable varied, large-scale sourcing for client deal flow and co-investment.

Established ...
... in 2006, GIP manages over $100 billion in infrastructure equity and debt client assets across energy, transport, water and waste, and digital sectors. The unified infrastructure platform will be managed by Bayo Ogunlesi and four founding partners of GIP. BlackRock, founded in 2011, offers a variety of infrastructure investments and has expanded organically and inorganically to over $50 billion.

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