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BlackRock Scoops Up Energy Infrastructure Giant GIP

BlackRock Scoops Up Energy Infrastructure Giant GIP

Stu Turley's avatar
Stu Turley
Jan 15, 2024
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Energy News Beat
Energy News Beat
BlackRock Scoops Up Energy Infrastructure Giant GIP
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BlackRock

Investment management giant BlackRock has struck a $12.5 billion deal for Global Infrastructure Partners (GIP) in preparation of an expected surge in worldwide infrastructure needs, driven partly by the low-carbon energy transition.

“If we are going to decarbonize the world, the amount of capital and infrastructure is going to be very necessary,” BlackRo…

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