BlackRock has entered into an agreement to acquire Global Infrastructure Partners (GIP) for $3 billion.
“Infrastructure is one of the most exciting long-term investment opportunities, as a number of structural shifts re-shape the global economy,” said Laurence Fink, BlackRock chairman and CEO. “We believe the expansion of both physical and digital infrastructure will continue to accelerate, as governments prioritize self-sufficiency and security through increased domestic industrial capacity, energy independence, and onshoring or near-shoring of critical sectors. Policymakers are only just beginning to implement once-in-a-generation financial incentives for new infrastructure technologies and projects.”
A $1 trillion market today, infrastructure is forecast to be one of the fastest growing segments of private markets in the years ahead, said BlackRock in a statement. A number of long-term structural trends support an acceleration in infrastructure investment. T
