Funds managed by Blackstone Credit & Insurance (BXCI) have plans to acquire interests in a $1 billion portfolio of high-quality infrastructure loans from Santander Corporate & Investment Banking.
The portfolio comprises 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 and 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, among the largest in the asset-backed marketplace. The platform is focused on providing investment-grade credit, non–investment grade credit and structured invest
