BlackRock buys infrastructure investor for US$12.5 billion

Andy Brown Head of Content, Construction and Engagement

15 January 2024

One of the world’s largest asset managers, BlackRock has reportedly agreed a deal to acquire Global Infrastructure Partners (GIP) for more than US$12.5 billion in cash and stock.

GIP was founded in 2006 and is an infrastructure investment fund making equity and selected debt investments based on infrastructure assets in the energy, transport and water and waste sectors.

It is estimated that GIP has approximately US$106 billion in assets under management, meaning that the deal would make BlackRock…

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

Login
ERA TCO and CO2 calculators
ERA TCO Calc
Calculate the total cost of ownership and CO2 output of construction machinery using the European Rental Association’s online, free-to-use calculators.
CONNECT WITH THE TEAM
Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
Ollie Hodges Vice President, Sales Tel: +44 (0)1892 786253 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA