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This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. 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. 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. Jan 2011 - Jun 20165 years 6 months. 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. As a result, this should become a very large business for us. We began operations in Beijing in January 2016 and have since grown to 106 approved members worldwide. The growth sectors of property have been industrial and life sciences real estate, given e-commerce tailwinds and the biotech revolution taking hold. While always careful, we believe that our early success can lead to much more. 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. Global Partners LP These new-build opportunities will provide a steady flow of investment for this Fund, and they have already begun for us with partners including Amazon, Enbridge and Scotiabank. 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 . 31 Adelaide St. E Choose a sector(s). We then manage these assets and businesses proactively and finance them conservativelywith the goal of generating stable, predictable and growing cash flows for our investors. EmergentCold LatAm GIP works in partnership with the public sector and other stakeholders to improve. In January 2019, Stonepeak realized its investment in Dominion. At the end of 2021, TotalEnergies' gross renewable electricity generation capacity is more than 10 GW. For enquiries . Technology is affecting all business, as it always has. (Put into perspective, even eight rate hikes will bring the U.S. short rate only to around 2%.). Our initial business in Asia Pacific was in Australia, where today we have $30 billion of assets across our businesses. Global Infrastructure Partners (GIP) is a leading global independent infrastructure fund manager. Prospectus Year Document Access ; 2007: 2007 Prospectus. NEW YORK , May 25, 2022 /PRNewswire/ -- Global Infrastructure Partners . However, a critical point in this is that everything does not have to become green todayin fact, not everything can be green today. In addition, as our reinsurance and investment operations grow, separating a part of the Manager might make sense in order to allow investors who only want exposure to the Manager, to own a separate security. Box 7021 Infrastructure Partners Fund I and its affiliated vehicles (collectively, "Fund I") and Global Infrastructure Partners Fund III and its affiliated vehicles (collectively, "Fund III") provided that certain portfolio company fees paid to Global and its affiliates were subject to an offset against fund-level management fees. Don't have an account? This major transaction demonstrates the speed and magnitude of our transformation into a multi-energy company and the strength of our commitment to the United States. We are disciplined in acquiring high-quality assets and businesses that we believe can deliver strong performance across market cycles. 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. Global Infrastructure Management LLC. Japan is becoming more interesting all the time and we continue to increase our presence there. CONTACT INFORMATION. In addition, our asset management business, started only 25 years ago, would not have been mature enough to consider separating it from our capital. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Direct Dial:1-514-982-7555 The main goal of our investments is to assist and accelerate the transition to net zero. Read our detailed forecasts and analysis in the 2022 Global Alternatives Reports, only on Preqin . GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. We bought numerous assets at a fraction of their replacement cost, including a grocery anchored retail portfolio in the U.K. that now generates a running cash yield of 18% on our cost basis. We also hired both an infrastructure and a private equity team and are excited about the opportunities we see in South Korea. 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 In an inflationary environment, backbone real assets, private credit and transition-focused investments are where you want to be invested. Transfer Agent. This fund was raised fasterand is largerthan expected, and we have already started putting the capital to work to help companies decarbonize their operations. 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. 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. 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. GIPs in-depth knowledge of our target industries helps to improve our ability to originate proprietary transactions, conduct deep and extensive due diligence, structure and close investments, employ best practice operating management, effectively manage stakeholder relationships and identify exit opportunities. Box 9161, Waltham, MA 02454-9161 | 781-894-8800 , Global Partners LP Files 2021 Annual Report on Form 10-K, https://ir.globalp.com/financials/sec-filings/default.aspx, https://www.businesswire.com/news/home/20220228005904/en/. These assets include seaports, freight rail facilities, midstream natural resources and power generation businesses. This site uses cookies for analytics. And do not hesitate to contact any of us should you have suggestions, questions, comments or ideas you wish to share. The firm seeks to invest in core and core-plus infrastructure opportunities in the energy, transportation, and water and waste sectors. Our disciplined, well-established approach to investing reflects our over 100-year history as an owner and operator. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. 3 0 obj Many of our long-standing shareholders appreciate the true value of our capital base and the benefits it brings to the broader franchise. 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. SunPower represents the first investment in distributed energy resources for GIP's leading renewables platform, which includes ownership interests in 18 GW of operating and construction assets and over 120 GW of development pipeline via 9 existing portfolio companies. <> Register now to read this article and more for free. 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 focus on value creation and capital preservation, investing in high-quality assets and businesses within our areas of expertise. We generated a record $12.4 billion of total net incomecompared with $707 million in 2020. We also have a number of industrial businesses. Select a sector to view its investment forecasts. 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 . 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. Global Infrastructure Partners (GIP) is an independent fund that invests in infrastructure assets worldwide. Get limited access to our industry news, analysis and data, plus regular email updates. GIP has made a cross section of investments in other areas of the transport sector as well as the natural resource and power generation areas of the energy sector. Please always remember that compounding reasonable returns over long periods of time is an incredible miracle of finance. With assets under management at a record-high $582bn, private infrastructure is continuing to grow. 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. 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. <> Our non-traded REIT is now being distributed on four wealth platforms globally, with additional major platforms expected in the coming months. jBz? In India, our 14 years have taught us that if youre careful and patient, you can do extremely well. As you also know, we privatized our real estate business at around 70% of IFRS values in early 2021 and as planned, have now started to monetize some of the assets at premiums to these same IFRS values. As we move into 2022, markets are strong, but recent volatility has brought some sanity back to areas of the markets that were overvalued. Cision Distribution 888-776-0942 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. 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. 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's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. 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). North America: 1-866-989-0311. As of December 2020, Global Infrastructure Partners had aggregate assets under management of approximately US$75 billion, such investments being concentrated in OECD countries. The areas of the property markets that have exhibited value investment characteristics (primarily office and retail) have been incredible places to acquire assets at a steep discount over the past two years, as there have been very few competitive buyers. Global Infrastructure Outlook was first released in July covering 50 major countries around the world. "I am delighted with this partnership with Global Infrastructure Partners, which is a major player in renewables, particularly in the United States. 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. 2023 PitchBook. 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. While the fund distribution market in China is small today on a relative basis, we believe that in the long run, it could become meaningful to us. A verification email is on its way to you. 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. Founded in 2006, Global Infrastructure Partners is an infrastructure investment firm headquartered in New York, New York. On a go-forward basis, annualized asset management revenues, including carry, are now running at $7.8 billion, and we are launching new funds across all our strategieswhich means that 2022 is off to a good start. 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). 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. An emphasis on diversity and inclusion reinforces our culture of collaboration. AP WIP Investments, LLC - December 31 2019 and 2018 Audited Financial Statements. 501 Boylston Street, 10th Floor The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. 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. %PDF-1.5 On a go-forward basis, annualized asset management revenues, including carry, are now running at $7.8 billion, and we are launching new funds across all our strategieswhich means that 2022 is off to a good start. 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