Latham & Watkins’ Post

I’m proud to announce the launch of Ideia Partners - Australia's newest infrastructure advisory and transaction firm.   The ethos of Ideia Partners is to “Connect capital where it counts” in Australia’s infrastructure, real assets and energy markets, creating the right partnerships to achieve the right returns for investors.   Our Partners and Senior Advisers have been at the forefront of some of the largest and most successful infrastructure, resources, and energy projects in the nation.   Jason de Sousa (Managing Partner) and I are privileged to have as Senior Advisers two highly respected and experienced leaders of Australian business and industry, Tony Shepherd AO and Dean Dalla Valle. In terms of leading large complex businesses and delivering value for investors, both need no introduction.   A new era needs a new approach The global energy transition, challenging post pandemic economic conditions, supply chain bottlenecks, and geopolitical concerns have resulted in a new era of government intervention in domestic and international markets. Today, investors must be equipped to navigate opportunities and challenges at the private-public capital interface.   Ideia Partners offers unique insights, experience, and connections in generating returns from this heightened interface. Our full range of service offerings can be viewed at ideiapartners.com

Aloha Greetings 🙏🏽, Tokenizing Infrastructure Projects and introducing New Digital Green, Blue Bonds etc.. is the Future of Smart City Deployments. 🚀Stay Tuned for some Major News Announcements from GXCOIN 🌊😎🤙🏾 #GXCOIN #smartcity

Character and capabilities always separate businesspeople...

Global investment firm Quinbrook Infrastructure Partners has successfully closed the Quinbrook Valley of Fire Fund with $600 million in capital commitments, wth Blackstone Strategic Partners in place as the lead investor. The Quinbrook Valley of Fire Fund marks a continuation of the large scale solar+storage strategy of Quinbrook’s Low Carbon Power Fund (LCPF) which held its final closing in 2019. The Quinbrook Valley of Fire Fund has now acquired 51% of the Gemini Solar + Storage project and 100% of the remaining Valley of Fire project development portfolio (VoF) from the LCPF and certain other equity holders. Quinbrook noted that the new transaction has ‘delivered an exceptional return on investment for LCPF investors’ while ‘creating a new growth platform’ to provide primary capital commitments to fund the continued development and construction of several large scale solar + storage projects in the VoF portfolio. “This successful closing underscores Quinbrook’s commitment to impactful renewable energy project development and new asset creation and its track record of pursuing strategies that seek to optimize returns for investors wanting differentiated exposure to the energy transition,” remarked Rory Quinlan, co-Founder and Managing Partner of Quinbrook Infrastructure Partners. “The decision to pursue a GP-led secondary transaction reflects our commitment to enhancing value for our LPs, while continuing to support the development of a distinct portfolio of landmark renewables assets. “We are excited to welcome such well known and respected investors to Quinbrook, including lead investor Blackstone Strategic Partners and cornerstone investor Ares Management Infrastructure Secondaries (Ares Management Corporation) funds.” The VoF portfolio comprises seven projects totaling over 2.65GW of solar PV capacity with the potential to add a further 1.5GW of battery storage capacity, located across Nevada, Colorado and Arizona, and range between early-to-late-stage development. “Energy transition is a major theme for Blackstone and we are excited to invest with Quinbrook and Primergy,” added Mark Bhupathi, Head of Blackstone Infrastructure Secondaries. PJT Partners LP acted as the lead financial advisor on the transaction. Kirkland & Ellis LLP served as legal counsel to Quinbrook, while Proskauer Rose LLP served as legal counsel to Blackstone Strategic Partners. #cleanenergy

"But what's the wind angle?" The announcement by Macquarie Group earlier that it has closed fundraising for a €8bn European infrastructure fund would naturally make the journalist in me how it's related to the wind sector. The fund hasn't done any deals in wind, after all. However, A Word About Wind reported it anyway, as it is another example of vast amounts of money flowing into renewables and related infrastructure. This gigantic fund hasn't yet invested in companies with significant (or any) exposure to the wind sector, but its focus on "decarbonisation, digitalisation, the circular economy and demographic shifts" mean it surely will in future. At very least, it will invest in companies with technologies that are related to wind and other renewables. Let's call them 'renewables-adjacent technologies'. For example, you could make a strong case that data centres are 'renewables-adjacent' given how many operators want to run them on wind or solar power. We've observed for a while that fewer developers are focusing on pure-play wind projects, as they seek opportunities to hybridise with energy storage, power-to-X and other technologies. But now we are seeing the same trend more clearly in the investment world, as renewables firms sit with other infrastructure firms in broader infrastructure investment portfolios. Perhaps this is also a sign of the broader acceptance of the maturity of wind farms and wind companies as a stable investment proposition. You could put a renewables developer in this fund's portfolio and it wouldn't look out of place. A big change from when I started writing about the sector ten years ago!

Blackrock acquires Adebayo Ogunlesi’s GIP for $12.5 bn BlackRock, the biggest asset management company in the world, has said it is buying Global Infrastructure Partners, a company founded by Nigerian investment banker Adebayo Ogunlesi, in a $12.5bn deal. According to a statement released on Friday, Blackrock is to pay $3bn in cash and offer Ogunlesi and five other co-founders of Global Infrastructure Partners 12 million shares in Blackrock, thus making them the second biggest shareholders in the global asset management giant. BlackRock said it would also appoint Ogunlesi, GIP Founding Partner, chairman and CEO, to the board at the next scheduled board meeting after the close of the deal. “The combination of GIP with BlackRock’s highly complementary infrastructure offerings creates a comprehensive global infrastructure franchise with differentiated origination and asset management capabilities,” the statement said.https://https://lnkd.in/eGd-Vugj Follow Afrique Monitor for relevant Africa related insights.. #assetmanagement #investment #africanfounders

Looking for straightforward advice backed by real performance? 🌟 With a track record of raising over $2 billion for diverse capital projects spanning commercial real estate, oil and gas, tax strategies, and joint ventures, I can help you succeed. Join the ranks of successful business owners who have benefited from my expertise and guidance. #capitalraisingbootcamp #NetworkingOpportunity #investmentstrategy

Looking for straightforward advice backed by real performance? 🌟 With a track record of raising over $2 billion for diverse capital projects spanning commercial real estate, oil and gas, tax strategies, and joint ventures, I can help you succeed. Join the ranks of successful business owners who have benefited from my expertise and guidance. #capitalraisingbootcamp #NetworkingOpportunity #investmentstrategy

Cantor Fitzgerald Infrastructure Fund announced a first-quarter distribution of $0.1040 per Class A share, $0.1032 per Class C share, and $0.1040 per Class I share. This represents a 4% annualized distribution rate based on the average daily net asset value/share over the quarter, its sixth consecutive quarterly distribution, and sixth consecutive increase. Cantor Fitzgerald Jay Frank Bill Ferri #alternativeinvestments #CantorFitzgerald #cantorassetmanagement #distribution #intervalfund #infrastructurefund

Interesting article by Fast Company. Don't know that I would agree that private equity is coming for #infrastructure... Virtas Partners has been supporting #PE funds investing in the infrastructure space for many years now. It is definitely an exciting and growing space, and we look forward to continuing to support our clients in this industry. #privateequity #investment #deals #officeofthecfo