Global Infrastructure Partners (GIP) — world's largest independent infrastructure fund with 19+ GW operational renewables, 173 GW in construction/development
BlackRock's largest acquisition in over a decade. $3B cash + ~12M BlackRock shares. GIP manages ~$115B in infrastructure AUM. Combined platform branded 'GIP, a part of BlackRock' with ~$170B infrastructure AUM. Closed October 1, 2024.
$12.50B
Deal Value
19,000MW
Capacity
Solar + Storage
Technology
Multi-state
Location
Deal Details
Capital Structure
Service Providers
Advisory & Legal
- Buyer Counsel
- Skadden; Fried, Frank, Harris, Shriver & Jacobson
- Seller Counsel
- Kirkland & Ellis; Debevoise & Plimpton
- Buyer Financial Advisor
- Perella Weinberg Partners
- Seller Financial Advisor
- Evercore
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