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Global Infrastructure Partners

Company Summary

Description

Global Infrastructure Partners (GIP) is a leading global, independent infrastructure investor. GIP combines specialist industry experience and industrial best practice operational management to achieve superior risk-adjusted returns. We apply our Team’s complementary skill sets and experience to actively manage our portfolio investments in order to improve their service quality and financial performance.

Website

http://global-infra.com/

Operational Regions

  • International

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Company Transactions

Date: 6/1/2022
Type: Acquisition

BUYERS:
  • TotalEnergies
    • SELLERS:
  • Clearway Energy
  • Global Infrastructure Partners
    • DETAILS:

    COST: 1.6 $B

    NOTES:
    TotalEnergies has reached a deal to acquire a a 50% stake in Clearway Energy from GIP. Clearway is the 5th largest player in U.S. renewable energy and Totalenergies will pay $1.6 billion in cash for the stake in addition to giving GIP an interest if 50% minus one share n the TotalEnergies subsidiary which owns 50.6% of SunPower Corproation.
    REGIONS:
  • North America

    • Date: 1/30/2022
    Type: Acquisition

    BUYERS:
  • Global Infrastructure Partners
    • SELLERS:
  • Woodside Petroleum Ltd
    • PROJECTS:
  • Pluto LNG Train 2
    • DETAILS:
    NOTES:
    Woodside has entered into a deal with Global Infrastructure Partners (GIP) to divest a 49% non-operating stake in the Pluto Train 2 joint-venture. The new facility will cost a total of $5.6 billion to bring online. Closing is planned for January 2022. In addition to GIP funding a 49% share of base capital spending on the project, they will also provide another $835 million in construction capital spending to cover potential cost overruns, if needed. Any delays ton start-up of the project will result in Woodside making payments to GIP in "certain circumstances."
    REGIONS:
  • Australia

    • Date: 1/30/2022
    Type: Acquisition

    BUYERS:
  • JERA Americas Inc.
    • SELLERS:
  • Global Infrastructure Partners
  • Freeport LNG Development, L.P
    • ASSETS:
  • Freeport LNG Terminal
    • DETAILS:

    COST: 2.5 $B

    NOTES:
    Global Infrastructure Partners has sold off its 25.7% stake in Freeport LNG Development, LP, to JERA Americas for $2.5 billion. GIP originally bought the stake in 2015.
    REGIONS:
  • Gulf Coast

    • Date: 12/31/2020
    Type: Acquisition

    BUYERS:
  • Global Infrastructure Partners
  • Brookfield Asset Management
  • Snam SpA
  • GIC Private Limited
  • Ontario Teachers’ Pension Plan
  • NH Investment & Securities Co
    • SELLERS:
  • Abu Dhabi National Oil Company (Adnoc)
  • ADNOC Gas Pipeline Assets LLC
    • DETAILS:

    COST: 10.1 $B

    NOTES:
    Abu Dhabi is closing in on a deal to sell a stake in natural gas pipelines to a group led by Global Infrastructure Partners and Brookfield Asset Management. The purchase would include a 49% stake in the pipelines as soon as this month, with the pipes valued in excess of $15 billion.
    REGIONS:
  • Middle East

    • Date: 12/21/2020
    Type: Acquisition

    BUYERS:
  • Global Infrastructure Partners
    • SELLERS:
  • Shell plc.
    • ASSETS:
  • Queensland Curtis LNG Terminal
    • DETAILS:

    COST: 2.5 $B

    NOTES:
    Shell has entered into a deal with Global Infrastructure Partners to divest a 26.25% interest in the Queensland Curtis LNG Common Facilities for $2.5 billion. The deal is scheduled to close in the first half of 2020 and Shell will retain a majority stake (73.75%) in the asset.
    REGIONS:
  • Australia

    • Date: 12/10/2019
    Type: Acquisition

    BUYERS:
  • Clearway Energy
    • SELLERS:
  • Global Infrastructure Partners
    • ASSETS:
  • Carlsbad Energy Center
    • DETAILS:

    COST: 184 $MM

    REGIONS:
  • West

    • Date: 8/31/2018
    Type: Acquisition

    BUYERS:
  • Global Infrastructure Partners
    • SELLERS:
  • Clearway Energy
  • NRG Energy Inc
    • DETAILS:

    COST: 1.375 $B

    Date: 7/20/2018
    Type: Acquisition

    BUYERS:
  • Global Infrastructure Partners
    • SELLERS:
  • Devon Energy Corporation
  • EnLink Midstream, LLC
  • EnLink Midstream Partners, LP
    • DETAILS:

    COST: 3.125 $B

    NOTES:
    Devon Energy has entered into a deal to sell its ownership interests in EnLink Midstream Partners and EnLink Midstream to Global Infrastructure Partners (GIP)
    REGIONS:
  • United States

    • Date: 11/1/2017
    Type: Acquisition

    BUYERS:
  • Global Infrastructure Partners
    • SELLERS:
  • Medallion Gathering & Processing, LLC
  • Medallion Midstream Holdings
  • Laredo Midstream Services, LLC
    • ASSETS:
  • Medallion - Midland Basin Pipeline System
    • DETAILS:

    COST: 1.825 $B

    NOTES:
    The assets are being sold by Laredo Petroleum subsidiary, Laredo Midstream Services, and Medallion Midstream Holdings, a subsidiary of The Energy & Minerals Group.
    REGIONS:
  • Permian Basin
  • Midland Basin