About Global Infrastructure PartnersGIP is a leading independent infrastructure fund manager that makes equity and debt investments in infrastructure assets and businesses. In total as of 2018, its portfolio companies employ approximately 21,000 people. GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. (781) 894-8800, Sean T. Geary By providing your email address below, you are providing consent to Global Partners LP to send you the requested Investor Email Alert updates. We began operations in Beijing in January 2016 and have since grown to 106 approved members worldwide. GLP@investorrelations.com. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol GLP. For additional information, visit www.globalp.com. Our asset management business continues to establish itself as one of the pre-eminent brands globally. Such terms are used solely for the sake of convenience for purposes of the present communication. Key deals include CyrusOne, a global developer and operator . This investment cycle is just getting started, and we see a meaningful opportunity for investment in the years to come. Free global infrastructure project platform connecting public and private sectors. The infrastructure sector sits at a collision point of global disruptions, including shifts in capital availability, evolving social and environmental priorities, and rapid urbanisation. 3 0 obj 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. Its growth path on its own is very compelling, as many of our strategies are still getting larger with each vintage and are compounding on each other. This was an almost 50% increase compared with 2020, and all parts of our business contributed to the strong results. As of December 2020, Global Infrastructure Partners had aggregate assets under management of approximately US$75 billion, such investments being concentrated in OECD countries. Our disciplined, well-established approach to investing reflects our over 100-year history as an owner and operator. The funds and investment platforms managed by GIP make equity and debt investments in infrastructure assets and businesses in both OECD and selected emerging market countries, targeting investments in the energy, transport, water / waste and digital infrastructure sectors where GIP possesses deep experience and relationships. She is Head of GIP's Environmental, Social and Governance Team, leading our efforts to place ESG considerations at the core of our investment processes and working with our portfolio companies to help position them as market leaders in their respective sectors as part of GIP's investment strategy. 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). Single-family residential responded first, driven by people being at home, with industrial and life sciences next, followed more recently by urban high-rise multifamilyand now office, with the balance of sectors to follow. This, together with the added benefit of having the longest duration of annuity-like cash flows of any asset manager, means that it could now simply be separated from our capital. Twitter: @TotalEnergiesLinkedIn:TotalEnergiesFacebook: TotalEnergiesInstagram:TotalEnergiesTwitter: @TotalEnergiesPR, Investor Relations: +33 (0)1 47 44 46 46 l [emailprotected]. Our business today is vast, and we have earned strong returns on every investment. 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. 1 0 obj 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) We own utilities, rail, ports, offices, hospitals, nursing homes, data centers, residential and industrial properties, and numerous industrial businesses. Technology is affecting all business, as it always has. Oxford Economics has also relied on insights and knowledge developed from earlier research into infrastructure spending undertaken in conjunction with PwC. 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. 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. 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. In 2021, we generated a record $12.4 billion of total net incomecompared with $707 million in 2020. We take a conservative approach to the use of leverage, ensuring that we can preserve capital across all business cycles. www.computershare.com/investor, Managing Partner, Strategic Initiatives M5C 3H2, Toll-Free:1-800-564-6253 It was a 50:50 joint venture between GIP and American International Group (AIG) to acquire London City Airport for an undisclosed sum. GIP Credit targets energy, transport, digital, water/waste and other industries or projects with infrastructure-like characteristics. Industries such as steel, cement, chemicals and others require both renewable generation to lower their carbon footprint and capital to decarbonize their production processes. Furthermore, KKR has deployed $11 billion in infrastructure investment in the past 12 months. 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. $53.4bn Assets under management 215 Global staff 240+ Institutional investors AUM as of December 2022, inclusive of subsequent committed capital. 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. All rights reserved. TotalEnergies SE has no liability for their acts or omissions. Our non-traded REIT is now being distributed on four wealth platforms globally, with additional major platforms expected in the coming months. (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. The tone of the real estate markets has improved dramatically since mid-2020. You may also choose the sectors and regions you want to analyse. ESG factors are at the core of our approach to investment decision making and asset management, and we are committed to meaningfully helping communities through charitable giving and support. For enquiries regarding share transfers, changes of address, dividend cheques and lost share certificates, please contact: Shareholder correspondence should be mailed to: As we move into 2022, markets are strong, but recent volatility has brought some sanity back to areas of the markets that were overvalued. View source version on businesswire.com: All in all, 2021 was a pretty good year. 617-542-5300 GLP@investorrelations.com Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. 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. The scale, capabilities and ambition that both GIP and TotalEnergies bring to this partnership will support our shared vision to build industry-leading utility scale and distributed renewables platforms in the U.S." said Adebayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners. Performance in the stock market was exceptional; a 48% market return (the gain on our stock in 2021) does not happen very often. Economies are normalizing as central bank intervention is withdrawn. 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 also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. 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. Get the full list, Youre viewing 5 of 42 exits. 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. Download the Report. Likewise, the words "we", "us" and "our" may also be used to refer to subsidiaries in general or to those who work for them. I*Tqo/)wbq qmq&& f0AOS;O(DN?kWahGntCK_U:iQUky-P*Dj_*S.6[VfG(tr:=[u^% HuG2A#U;EcpO|]f kR2^J),9*ESZLFGhhDK.6P*DZ_DFqLv42BG:^,z*o%\cN9&IG?G. Leveraging our operating experience, we invest in key sectors across renewable power & transition, infrastructure, private equity, real estate, and credit & insurance. In fact, our business has grown faster and become more profitable because of the capital we have to support it. This should help us achieve strong returns in the future. Select a country to view its investment forecasts. 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. Andrew Paulson joined GIP in 2018 with over 20 years of infrastructure financing experience. (781) 894-8800, Scott Solomon, SVP [*8[28Agpn" These assets include seaports, freight rail facilities, midstream natural resources and power generation businesses. In consideration, GIP will receive $1.60 billion in cash, plus an approximately 50% interest in the TotalEnergies subsidiary that holds its 51% ownership in SunPower Corporation (NASDAQ: SPWR), a leader in residential solar in the U.S. (with the final amounts subject to purchase price adjustments). (Shair and Partners) Infrastructure Engineering, Building Engineering and Architecture in the Middle East and Africa . 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. 2 0 obj The global electricity make-up is currently 25% from renewable sources, and this is set to grow to 50% or more over the next 30 years. All of this drove very strong financial performance across our operations, underpinning the stable and growing distributions we receive. Email:bip.enquiries@brookfield.com, Management Information Circular and Proxy, Evolving to offer the best of both worlds. 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. <> 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. 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. 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. The Global Infrastructure Hub would like to extend our thanks to the peer reviewers from the following organisations who provided a large number of helpful comments and suggestions: Australian Treasury, The Brattle Group, European Bank for Reconstruction and Development, Inter-American Development Bank, International Monetary Fund, and the University of Cape Town. . For all Brookfield Infrastructure Corporation investor enquiries, please call our shareholder enquiries line: bip.enquiries@brookfield.com. We started in South Korea 10 years ago and have one of the strongest client rosters of any foreign manager in the country. Cautionary NoteThis press release, from which no legal consequences may be drawn, is for information purposes only. Global Infrastructure Partners was established in May 2006. They may prove to be inaccurate in the future and are subject to a number of risk factors. Bengaluru Area, India. 4`0v P2*Qo Get the full list, Youre viewing 5 of 144 team members. The third type is working with electricity generators, where we will help provide the capital to enable them to shift from coal to gas, and from gas to renewables. Bob, Lucy and Andrew have made meaningful contributions to GIP's businesses and these well-deserved promotions are testaments to their leadership capabilities.". Investor Enquiries. Today in Australia we have access to global capital, but truly are a local player. If you experience any issues with this process, please contact us for further assistance. You should only be asked to sign in once. Explore a country's capability to deliver infrastructure projects. GIP manages approximately US$77 billion for its investors. Jan 2011 - Jun 20165 years 6 months. Click here to register, Not for publication, email or dissemination, CapitaLand Investments China data centre fund reaches S$530m close, IIs Fund Formation League Table reveals infras top law firms, IRA tax credits will usher in a new wave of ESG in America, Europeans American dream prompts DC Advisory to launch US infra team, Celebrating excellence: Infrastructure Investor Annual Awards 2022, First-time fortunes for emerging managers. We are focused on funding the transitionacross all 50 shades of green; those that are currently black, brown, dark green, olive, light green and all other shades of greenfrom coal generation all the way to solar generation. The launch of Brookfield Reinsurance has been successful on many fronts. We specialize in infrastructure and real assets, investing capital on behalf of pension funds, endowments and other large institutions from around the world. Read our detailed forecasts and analysis in the 2022 Global Alternatives Reports, only on Preqin . In undertaking this work Oxford Economics drew on information provided by third parties, upon which Oxford Economics has relied on in good faith. 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. 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. We have been both selling more mature industrial and life sciences properties, where excellent returns have been locked in, and are buying others. . 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. 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