Blackstone and Santander Corporate & Investment Banking have announced an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a $1 billion portfolio of high-quality infrastructure loans from Santander.
The portfolio consists of loans that finance assets located largely in Western Europe and the United States across the digital infrastructure, utility-scale renewable, energy-efficiency and transportation sectors.
“This transaction is consistent with our approach to working with leading financial institutions on large-scale, long-term efficient solutions that support their capital goals,” said Robert Horn, global head of infrastructure & asset-based credit at BXCI.
BXCI’s Infrastructure and Asset Based Credit platform manages more than $80 billion and has more than 70 investment professionals, making it among the largest in the asset-backed marketplace. The platform is focused on providing investm
