BlackRock Real Assets has completed the first close of its latest energy and power infrastructure fund, Global Energy & Power Infrastructure Fund III. GEPIF III focuses on equity investments in the mid-market energy and power infrastructure value chain primarily in developed countries.
GEPIF III has secured US$1.5 billion in commitments from prominent institutional investors in North America, Middle East, Europe and Asia, subject to certain post-closing conditions.
GEPIF III is the third fund in the Global Energy & Power Fund series. In June last year, BlackRock acquired the First Reserve Energy Infrastructure Franchise from First Reserve, L.P. The Infrastructure Team that joined BlackRock from First Reserve, L.P. continues to manage the previous two funds and formed a new Global Energy & Power Infrastructure group within BlackRock Real Assets, complementing the existing infrastructure franchise of BlackRock.
The Ohio Department of Transportation (ODOT) has published a Request for Proposals (RFP) for the development, operation and maintenance of an automated vehicle shuttle service. The service w...
Read moreThe Bridging North America consortium, which comprises affiliates of ACS Group and Fluor, has been named Preferred Proponent by Windsor Detroit Bridge Authority to design, build, financ...
Read moreThe US government has approved the awarding of the concession to operate the Port of Wilmington, in Delaware, to Gulftainer, an independent port operator headquartered in the United Arab Emirates...
Read moreThe Puerto Rico Public-Private Partnerships Authority (PRP3), in collaboration with the Puerto Rico Electric Power Authority (PREPA), has launched the tender process for a private partner for a projec...
Read moreThe Oklahoma Turnpike Authority has published a Request for Qualifications (RFQ) for the Gilcrease Expressway West P3 project. The authority is seeking interested and qualified firms&nb...
Read more