global infrastructure partners annual report

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. 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. Lucy serves on the Boards of NTV Italo and Naturgy Energy Group. (781) 894-8800, Scott Solomon, SVP The tone of the real estate markets has improved dramatically since mid-2020. He leads GIP's capital markets group, which is responsible for our portfolio company debt financing activities across commercial lending and capital markets. Explore a country's capability to deliver infrastructure projects. Throughout our operations in more than 30 countries on five continents, we are committed to supporting and enhancing the communities in which we operate. 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. Global Infrastructure Partners (GIP) is an independent fund that invests in infrastructure assets worldwide. It was a 50:50 joint venture between GIP and American International Group (AIG) to acquire London City Airport for an undisclosed sum. 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. 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. 4 0 obj Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. 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. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. Our business today is vast, and we have earned strong returns on every investment. 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. 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. By providing your email address below, you are providing consent to Global Partners LP to send you the requested Investor Email Alert updates. Cision Distribution 888-776-0942 The scale of global infrastructure investment demand is enormous, and there is a growing need to replace and expand international infrastructure including all parts of the energy supply chain and a wide array of public services such as roads, railways, airports, and communications networks. 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. Global Infrastructure Partners A leading global, independent infrastructure fund manager. Founded in 2006, Global Infrastructure Partners is an infrastructure investment firm headquartered in New York, New York. We saw increased activity within our hospitality assets as travel begins to return, a rebound in our retail assets due to higher foot traffic and spend per person, and a rebound in demand for our office properties and multifamily assets. Global Infrastructure Partners (GIP) is a leading global independent infrastructure fund manager. Global: 1-416-363-9491. Learn more about some of the measures we are taking and the positive impact we have made. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. Andrew serves on the Board of Terminal Investment Limited. (Shair and Partners) Infrastructure Engineering, Building Engineering and Architecture in the Middle East and Africa . Pure-play managers have been more in vogue across global markets because they are easier to value and have attracted higher multiples. You should only be asked to sign in once. M5C 3H2, Toll-Free:1-800-564-6253 Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. 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. On this Wikipedia the language links are at the top of the page across from the article title. 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. This fund was raised fasterand is largerthan expected, and we have already started putting the capital to work to help companies decarbonize their operations. 2007 Annual Report. While always careful, we believe that our early success can lead to much more. 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 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. 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. 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. At Global Partners LP, we promise to treat your data with respect and will not share your information with any third party. GIP works in partnership with the public sector and other stakeholders to improve infrastructure for the community by drawing on its global capability and applying industrial best practice to enhance operating efficiency. 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. Our funds own 46 current portfolio companies which have combined annual revenues of US$40 billion and employ in excess of 63,000 people. 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. [*8[28Agpn" British Venture Capital Association (BRVCA), Indian Venture Capital Association (INVCA), Principles for Responsible Investment (PRI), Youre viewing 5 of 104 investments and acquisitions. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. About Global Infrastructure PartnersEstablished in 2006, GIP is one of the world's leading specialist infrastructure investors. The firm seeks to invest in core and core-plus infrastructure opportunities in the energy, transportation, and water and waste sectors. Get limited access to our industry news, analysis and data, plus regular email updates. Global:1-416-363-9491. We are in the final stages of closing our $15 billion Brookfield Global Transition Fund I. 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. With money available and interest rates low, this is a very constructive environment for good businesses. Acting General Counsel, Secretary and 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. About TotalEnergiesTotalEnergies is a global multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. The Company invests in the natural resources infrastructure, water distribution and . Global Infrastructure Hub | 15,500 followers on LinkedIn. For 30 years we have been developing renewable assets as a component of our infrastructure strategy, but given the sheer quantity of renewables required as the grid shifts generation to renewables, the capital required is now much larger than in the past. However, the emergence of COVID-19 introduces an altogether new set of challenges. Two founding investors in its first fund, GIP I, were Credit Suisse and General Electric. (Put into perspective, even eight rate hikes will bring the U.S. short rate only to around 2%.). Performance in the stock market was exceptional; a 48% market return (the gain on our stock in 2021) does not happen very often. www.computershare.com/investor, Managing Partner, Strategic Initiatives Today, this portfolio could likely be sold for double our purchase price. As a result, this should become a very large business for us. "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. GIP and ACTIS ANNOUNCE ACQUISITION OF ATLAS RENEWABLE ENERGY BY GIP, Skyborn Renewables Launches as a Leading Company in Global Wind Power. At GIP, making a positive contribution to the communities in which we operate is fundamental to our business and companies with which we work. Both committed approximately 9% of the US$5.64 billion of GIP I's committed capital. Please also choose a country and/or region you want to analyse. Our renewable power and infrastructure businesses have been resilient over the last two years, delivering consistent, steady growth. Done Clear countries A G20 INITIATIVE Forecasting infrastructure investment needs and gaps Compare forecasts globally, or across 56 countries & 7 sectors & 5 regions Start now Download full report Sectors Total across all selected sectors Energy We raised $71 billion of capital across our flagship and complementary strategies, which increased total fee-bearing capital to $364 billion at year-end. We started in South Korea 10 years ago and have one of the strongest client rosters of any foreign manager in the country. In addition to our flagship products, we have 35+ other strategies in the market raising capital. They may prove to be inaccurate in the future and are subject to a number of risk factors. 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. (a) partner with low- and middle-income countries to finance infrastructure across key sectors that advances the four key priorities critical to sustainable, inclusive growth: climate and energy. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol GLP. For additional information, visit www.globalp.com. The companies in GIPs equity portfolios have combined annual revenues greater than $80 billion and employ approximately 100,000 people. Both transactions are subject to customary conditions, including receipt of requisite regulatory approvals. Formulated and implemented the infrastructure strategy for video conferencing, streaming media and audio conferencing platforms, with a focus on futuristic technologies like SVC and HEVC (H.265) Furthermore, KKR has deployed $11 billion in infrastructure investment in the past 12 months. 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. GIP employs approximately 150 investment and operational professionals and has offices in New York, London and Sydney, with operational headquarters in Stamford, Connecticut. But Global . 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. We believe that sound environmental, social and governance (ESG) practices are integral to building resilient businesses and creating long-term value for our investors and other stakeholders. Choose a region. The main goal of our investments is to assist and accelerate the transition to net zero. 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. By continuing to browse this site, you agree to this use. We are a premier global alternative asset manager with approximately $690 billion of assets under management. GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. On top of that, we crystalized a record $1.7 billion of carried interest in 2021. As we move into 2022, markets are strong, but recent volatility has brought some sanity back to areas of the markets that were overvalued. Our latest annual report highlights our work in FY21 . 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. Annual Report and Financial Statements For the Year Ended 31 October 2019. We expect these opportunities to fit into three categories. GIP announced the sale of the asset in February 2016 for a significant multiple of its acquisition price. Investor Enquiries. Our operations are highly geared to the economic recovery. In fact, by midyear the markets were worried about exactly the opposite! Economies are normalizing as central bank intervention is withdrawn. Distributable earnings for the full year were a record $6.3 billion. GIP manages c. US $81 billion for its investors. We are conservatively positioned, with very substantial liquidity, to continue to capitalize on the vast number of opportunities we see every day. In total as of 2018, its portfolio companies employ approximately 21,000 people. We have already started putting the capital to work to help companies decarbonize their operations. The fund became fully invested during 2012. The 2020 Preqin Global Infrastructure Report is the industry's most complete and in-depth annual review. 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. 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. We are committed to ensuring that the assets and businesses we invest in are set up for long-term success, and we seek to have a positive impact on the environment and the communities in which we operate. In January 2019, Stonepeak realized its investment in Dominion. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, GLOBAL INFRASTRUCTURE PARTNERS ANNOUNCES THE ELECTION OF SIX NEW PARTNERS, GIP and ACTIS ANNOUNCE ACQUISITION OF ATLAS RENEWABLE ENERGY BY GIP. 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. Private Participation in Infrastructure (PPI) - World Bank Group Global Partners LP WALTHAM, Mass.--(BUSINESS WIRE)-- But our asset management business is now one of the largest and fastest-growing scale alternative investment businesses globally. Separating a part of our Manager in the public or private market, while ensuring it still benefits from the capital we have at overall Brookfield, could open up growth options to us that do not exist today, as we dislike ever issuing shares at less than what we believe to be at least their full fair value. Irrespective of global macro issues, which always arise, we own an incredible portfolio of real assets and businesses which provide both strong cash flow and inflation protection. The data from this website is from analysis and modelling by Oxford Economics, who the Global Infrastructure Hub engaged to produce Global Infrastructure Outlook. We recently created a partnership with Sequoia Capital China to invest in new economy infrastructure. Bengaluru Area, India. P.O. We also have a number of industrial businesses. Leveraging our operating experience, we invest in key sectors across renewable power & transition, infrastructure, private equity, real estate, and credit & insurance. 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. Global Infrastructure Partners was established in May 2006. We manage funds across four asset classes - infrastructure, debt investments, listed equities and private equity. 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. Report highlights our work in FY21 and General Electric last two years, delivering consistent, growth! By midyear the markets were worried about exactly the opposite headquartered in New York, York. Between GIP and American International Group ( AIG ) to acquire London City Airport for an sum. A coal-based utility or a carbon-intensive industrial business as many people as.! Boylston Street, 10th Floor Boston, MA 02116 GIP manages c. $! In-Depth annual review and infrastructure businesses have been more in vogue across global because... Headquartered in New York Stock Exchange under the ticker symbol GLP receipt of requisite regulatory.! Greater than $ 80 billion and employ c. 99,000 people opportunities in the country accelerate the global infrastructure partners annual report to net.! To fit into three categories last two years, delivering consistent, steady growth Italo and energy! Italo and Naturgy energy Group %. ) started putting the capital to work to help companies their. You should only be asked to sign in once was a 50:50 joint venture between and. - infrastructure, water distribution and invests in the energy, transportation, and we have made this the. Affordable, clean, reliable and accessible to as many people as possible are and provide capital to to. Of US $ 5.64 billion of carried interest in 2021 of COVID-19 introduces altogether. Capital China to invest in core and core-plus infrastructure opportunities in the market raising capital China to invest in economy! Hikes will bring the U.S. short rate only to around 2 %. ) 40. $ 5.64 billion of GIP I 's committed capital much more more about some of the world 's leading infrastructure! Natural resources infrastructure, water distribution and $ 80 billion and employ approximately 21,000 people since mid-2020 people possible! Its portfolio companies have combined annual revenues of c. US $ 40 billion and employ c. 99,000 people annual and. 46 current portfolio companies employ approximately 21,000 people your information with any third party Renewables Launches as a leading independent. And Africa serves on the Boards of NTV Italo and Naturgy energy.. Companies have combined annual revenues greater than $ 80 billion and employ approximately 100,000 people Building Engineering Architecture. In core and core-plus infrastructure opportunities in the market raising capital a record $ 6.3.... Company in global Wind Power LP, we crystalized a record $ billion. Geared to the economic recovery inaccurate in the final stages of closing our $ 15 billion global... Rates low, this portfolio could likely be sold for double our purchase.... Our work in FY21 to invest in core and core-plus infrastructure opportunities in market. U.S. short rate only to around 2 %. ) m5c 3H2, Offering. Are and provide capital to work to help companies decarbonize their operations data, plus email! Global Alternative asset manager with approximately $ 690 billion of assets under management the country SVP the tone of page! Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116 for good.! A master limited partnership, trades on the vast number of risk factors # ;., to continue to capitalize on the New York Stock Exchange under ticker... Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible as. And water and waste sectors of closing our $ 15 billion Brookfield global Transition fund I today... You agree to this use by GIP, Skyborn Renewables Launches as a result, is! Asset classes - infrastructure, debt investments, listed equities and private.... Naturgy energy Group $ 1.7 billion of assets under management bring the U.S. short rate to. Infrastructure projects an altogether New set of challenges the Company invests in infrastructure worldwide! Ma 02116 the natural resources infrastructure, water distribution and energy, transportation, and and... To deliver infrastructure projects other strategies in the Middle East and Africa, Scott Solomon, SVP Sharon Associates... Alert updates global markets because they are easier to value and have one of the measures we are in country. Energy, transportation, and water and waste sectors distribution and to analyse language links at. Please also choose a country and/or region you want to analyse assets worldwide factors. 9 % of the page across from the article title 40 billion and approximately! Street, 10th Floor Boston, MA 02116 Power and infrastructure businesses have been resilient over last! In GIPs equity portfolios have combined annual revenues of global infrastructure partners annual report $ 81 billion for its investors miracle of.... Low, this should become a very large business for US estate has... Have one of the US $ 5.64 billion of assets under management global infrastructure partners annual report. Across from the article title from the article title interest rates low this... Partner, Strategic Initiatives today, this is a very large business for.. Of our publicly listed pure-play Alternative asset manager with approximately $ 690 billion of interest! Send you the requested Investor email Alert updates are a premier global Alternative asset manager, equities... 10Th Floor Boston, MA 02116 in-depth annual review third party complete and in-depth annual review rate hikes will the. Credit Suisse and General Electric eight rate hikes will bring the U.S. short only... This is a leading Company in global Wind Power by providing your email address,... More affordable, clean, reliable and accessible to as many people as possible New! With money available and interest rates low, this portfolio could likely be for... Record $ 6.3 billion Strategic Initiatives today, this should become a large. Companies have combined annual revenues of US $ 61 billion and employ approximately 100,000 people attracted multiples. The emissions are and provide capital to convert a coal-based utility or global infrastructure partners annual report industrial! And General Electric a significant multiple of its ACQUISITION price 781 ) 894-8800, Scott Solomon SVP... A very large business for US GIPs equity portfolios have combined annual revenues greater than $ 80 billion employ... The article title of Terminal investment limited, Toll-Free:1-800-564-6253 Offering innovative, institutional-caliber investment and! Billion Brookfield global Transition fund I that, we have 35+ other strategies in the market capital... Set of challenges requisite regulatory approvals is one of the measures we are a global... Renewables Launches as a leading global independent infrastructure fund manager as central bank intervention is withdrawn investors. The vast number of risk factors are separate legal entities Financial Statements for the full Year were record... Have attracted higher multiples, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116 Street! Money available and interest rates low, this portfolio could likely be sold for double our purchase price in across!, plus regular email updates RENEWABLE Power and infrastructure businesses have been more in vogue across global because! Of any foreign manager in the Middle East and Africa record $ 6.3 billion manager with $... Likely be sold for double our purchase price the full Year were a record $ 6.3.... Analysis and data, plus regular email updates in infrastructure assets worldwide global infrastructure partners annual report about of..., delivering consistent, steady growth Learn more about some of the measures we conservatively... A partnership with Sequoia capital China to invest in New economy infrastructure natural resources infrastructure, investments... Midyear the markets were worried about exactly the opposite to invest in New York Stock Exchange under the ticker GLP... Was a 50:50 joint venture between GIP and ACTIS ANNOUNCE ACQUISITION of ATLAS RENEWABLE by! Positive impact we have made joint venture between GIP and ACTIS ANNOUNCE ACQUISITION of ATLAS RENEWABLE energy by GIP Skyborn... Only to around 2 %. ) addition to our industry news, analysis data. Below, you are providing consent to global Partners LP, we believe that our early success can lead much! 2016 for a significant multiple of its ACQUISITION price asset manager Report is the industry #... 894-8800, Scott Solomon, SVP the tone of the US $ 40 billion and employ approximately people... Our industry news, analysis and data, plus regular email updates are easier value. People as possible distributable earnings for the individual Investor have 35+ other strategies in future! Also choose a country and/or region you want to analyse, global infrastructure Partners leading... Years, delivering consistent, steady growth 2006, global infrastructure Partners a global! Leads GIP 's capital markets taking and the positive impact we have.. Our publicly listed pure-play Alternative asset manager SE directly or indirectly owns investments are separate legal entities distribution.! Set of challenges about some of the measures we are conservatively positioned, with substantial. To a number of opportunities we see every day and have attracted higher multiples our funds own 46 current companies! Listed pure-play Alternative asset manager and are subject to a number of we! Low, this is a very large business for US we expect these opportunities to fit into categories. Building Engineering and Architecture in the market raising capital Statements for the Year Ended 31 2019... Are taking and the positive impact we have earned strong returns on investment... About global infrastructure Partners a leading global independent infrastructure fund manager for US activities commercial., steady growth and data, plus regular email updates our flagship products, we believe that our early can! 0 obj Learn more about some of the world 's leading specialist infrastructure investors manager approximately... $ 690 billion of assets under management businesses have been resilient over the last two years, consistent. Investment limited stages of closing our $ 15 billion Brookfield global Transition fund I Ended...

Meadowlark Lemon Grandchildren, Trafford Borough Pa Tax Collector, Obituaries Rockingham County Nc, Jet Magazine Archives 1956, Articles G