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BlackRock's GIP Teams up with Temasek, Abu Dhabi Heavyweights to Target $30 Bln in Infrastructure Deals
The partnership will combine equity and debt financing for greenfield and brownfield assets across energy, transportation and logistics.
- On Thursday, May 14, BlackRock's Global Infrastructure Partners , Temasek, L'IMAD, and ADNOC launched a $30 billion infrastructure partnership targeting projects across the Gulf and Central Asia.
- The initiative aligns with Abu Dhabi's diversification drive, following the Abu Dhabi Infrastructure Summit and the rapid rise of L'IMAD under Chairman Abu Dhabi Crown Prince Sheikh Khaled Bin Mohamed.
- Partners will raise equity and debt capital to target greenfield and brownfield assets in energy, transportation, logistics, and digital sectors, aiming for long-term, risk-adjusted returns.
- Despite economic disruptions caused by the Iran war and the closure of the Strait of Hormuz, the agreement demonstrates continued investor confidence in the UAE.
- L'IMAD CEO Jassem Bu Ataba Al Zaabi said the strategy focuses on "resilient assets aligned with long-term regional demand," while ADNOC's Dr. Sultan Al Jaber cited "disciplined investments.
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Abu Dhabi’s L’imad Eyes $30 Billion Infra Push With Temasek, GIP
Abu Dhabi’s L’imad Holding is joining local and global partners in an investment venture targeting $30 billion of infrastructure projects, underscoring the central role the new sovereign wealth fund is likely to play in the emirate’s ambitions.
·United States
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Abu Dhabi backs $30B infrastructure partnership
Abu Dhabi’s newest sovereign wealth fund L’IMAD is teaming up with national oil company ADNOC, BlackRock’s Global Infrastructure Partners, and Singapore’s Temasek on a $30 billion infrastructure partnership. The agreement is the latest sign of Abu Dhabi pushing ahead with investment activities despite the Iran war, even as the closure of the Strait of Hormuz hits government revenues; it also shows that global investors still see opportunities in…
·New York, United States
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Coverage Details
Total News Sources12
Leaning Left2Leaning Right3Center2Last UpdatedBias Distribution43% Right
Bias Distribution
- 43% of the sources lean Right
43% Right
L 29%
C 28%
R 43%
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