BlackRock and Temasek launch $30 billion infrastructure plan
BlackRock GIP joins Temasek and Abu Dhabi funds to target $30 billion in infrastructure. The venture targets energy and logistics in the Gulf and Central Asia.
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BLACKROCK INC's GIP unit partnered with Temasek and Abu Dhabi funds to target $30 billion in infrastructure deals across the Gulf. The venture follows BlackRock's $12.5 billion acquisition of GIP in 2024 to expand its alternative asset footprint. This alliance consolidates capital pools to capture energy and logistics opportunities in a region with strong structural demand for infrastructure.
