Aflac Global Investments, the asset management subsidiary of Aflac Incorporated, has announced a new partnership with Denham Capital, a global sustainable infrastructure, energy and resources investment firm, to expand the Denham Sustainable Infrastructure’s business.
Aflac Global Investments has made a $2 billion commitment to Denham Sustainable Infrastructure to launch a new debt platform that will invest primarily in the senior debt of sustainable infrastructure projects and has committed $100 million toward Denham’s second dedicated equity fund to support the acquisition, enhancement and development of sustainable infrastructure assets. Aflac Global Investments will also hold a noncontrolling 24.9 percent minority equity interest in Denham Sustainable Infrastructure.
Stu Porter, founder, managing partner, CEO and CIO of Denham Capital, said, “Now is the optimal time for this transaction as we look to provide solutions across all parts of the capital structure