Located close to Canary Wharf and the City of London, London City Airport is convenient for business travelers. The airport offers easy access to key business destinations within the United Kingdom, Europe and the United States. GIP sold its investment in London City Airport in 2016.
Great Yarmouth Port Company ("GYP") is a river and sea port situated on the east coast of England. GYP is the principal UK port supporting the offshore energy industry in the Southern North Sea and also services general cargo and other European trades. GYP is the closest UK port to the Benelux region, provides good access to the UK Midlands national distribution centers and has good proximity to Southern North Sea oil fields and development sites of some of the UK’s largest offshore wind projects. GIP sold its investment in GYP in 2015.
East India Petroleum Limited is a provider of liquid storage services for liquefied petroleum gas, petroleum, oil and lubricant products, petrochemicals, and biodiesel. The facility is located in the premier port of Visakhapatnam, India, whose cargo volumes and related freight activities make it one of the busiest in India.
Biffa Group Limited is one of the leading integrated waste management companies in the United Kingdom, providing waste collection, processing and treatment and recycling and disposal services. GIP exited its investment in Biffa in 2013.
Channelview is a nominal 830 megawatt natural gas-fired cogeneration facility located in the greater Houston, Texas area. Channelview, which became operational in 2002, is a clean, efficient power generator that sells steam and a portion of its electric output under long-term contracts. GIP fully exited its investment in Channelview in 2013.
Ruby Pipeline ("Ruby") is an approximately 680-mile natural gas pipeline that was owned and operated by a joint venture between GIP and Kinder Morgan, Inc. Ruby connects the prolific and cost-advantaged natural gas supply basins in the Rocky Mountain region to the growing markets in the western United States. GIP exited its investment in Ruby in 2014.
Access Midstream Partners, L.P. ("ACMP") is a growth-oriented, natural gas and liquids infrastructure provider focused on owning, operating, developing and acquiring midstream energy assets in the United States. ACMP provides natural gas and liquids gathering, treating, compression, processing and other midstream services to producers under long-term, fixed-fee contracts. GIP fully exited its investment in ACMP in 2014.
Terra-Gen Power Holdings ("Terra-Gen") is a renewable energy company focused on wind, geothermal and solar generation. Terra-Gen owns ~1,919 MW (net equity) of renewable generating facilities across six states and 31 projects, 27 of which are operated and managed by wholly-owned subsidiaries of Terra-Gen. The company primarily sells the output of the renewable energy projects to load-serving entities under long-term power purchase agreements. GIP sold its investment in Terra-Gen in 2015.
Gatwick is the UK’s second largest airport and the world’s busiest single-runway airport. Currently, the airport handles approximately 35 million passengers annually through two terminals.
Port of Brisbane, located in Brisbane, Australia, is Australia’s third largest diversified port. In 2013, over 41 million tons of cargo passed through the port, which included over 1 million TEU of containers. GIP exited its investment in Port of Brisbane in 2013.
The Transitgas natural gas pipeline system is a 293 km, unregulated, fully contracted operating natural gas pipeline system in Switzerland. It provides a unique link between the key gas markets of Germany, France and Italy and has North to South transportation capacity of approximately 25 billion cubic meters per year (bcm/y) with the added potential of up to 20 bcm/y of reverse flow (South to North) capacity. GIP invested in Transitgas in 2012 and sold its interest in this natural gas pipeline system in 2016.
Edinburgh Airport is Scotland’s busiest airport and the 6th largest in the UK with 9.8 million passengers in 2013. It has modern facilities, a strong passenger traffic base and attractive growth potential.
Terminal Investment Limited SA ("TIL") invests in, develops and manages container shipping terminals around the world. TIL is one of the world’s largest and most geographically diverse container terminal operators with important, strategic locations in Europe, Asia, North and South America and West Africa.
Empresa Eléctrica Guacolda S.A. ("Guacolda") owns and operates a 608 MW coal-fired power generation facility that is being expanded to 760 MW. Guacolda is located approximately 450 miles north of Santiago, in the north of Chile’s central electric grid. Guacolda is among the largest and most efficient coal-fired generating facilities in Chile. Guacolda sells the majority of its output to industrial and electric distribution customers under long-term power procurement agreements.
Freeport LNG is the owner and operator of a receiving and regasification facility near Freeport, Texas. It is in an ideal port location and is one of a small number of facilities which has received key regulatory approvals for its development and construction and is expected to achieve commercial operation of its first liquefaction train in 2018.
CLH is the leading company in Spain for transportation and storage of refined oil products. The company handles a variety of refined products including diesel, gasoline, aviation fuel, marine fuel and bio-fuel. The CLH system includes 4,000 km of pipelines and 39 storage facilities, which represents nearly 100% of the pipeline infrastructure and over 50% of the storage infrastructure for refined oil products in Spain. GIP sold its investment in CLH in 2016.
Competitive Power Ventures (“CPV”) develops, owns and operates power generation assets with a focus on clean, combined cycle natural gas and wind-powered generation located in key United States power markets. In addition, CPV has an industry leading track record in independent power development and contract asset management services with 4,600 MW developed since 2009 and approximately 6,000 MW of generation facilities under asset management contracts.
GIP has formed a partnership with Actividades de Construcción y Servicios, S.A. (“ACS”) via an investment across two companies. The first, Saeta Yield, S.A. (“Saeta”), in which GIP has an approximate 24% interest, is the owner of 688MW of operating wind and solar power generation assets located in Spain. The second, Bow Power, S.L. (“Bow Power”), in which GIP has a 49% interest, will own up to 460MW of renewable power generation projects located in Europe and Latin America and also will focus on the development of new projects worldwide.
GIP has entered into a partnership with DONG Energy by acquiring a 50% stake in the Gode Wind 1 offshore wind farm. Gode Wind 1 is a 330 MW project in the German North Sea that is expected to be fully commissioned in the fourth quarter of 2016. DONG Energy is the world leader in offshore wind power with a 35% market share of global installed capacity and approximately 4.4GW of capacity either installed or under construction.
GIP has formed a strategic joint venture with Hess Corporation through the acquisition of 50% of Hess Infrastructure Partners’ midstream crude oil and natural gas infrastructure business. The business includes gathering systems, a natural gas processing and fractionation facility, crude oil terminal facilities and an underground propane storage facility. These Hess Infrastructure assets are located primarily in the Bakken Shale region of North Dakota, which is one of America’s most important oil producing basins.
The Port of Melbourne is Australia’s largest container and multi-cargo landlord port and trade gateway. Its 36 commercial berths and 515 hectares of port land handle 37% of Australian container traffic and visits by over 3,000 ships a year.
Pacific National is one of the largest freight rail operators in Australia. The Company operates in all of Australia’s mainland states and territories and its approximately 550 locomotives and 11,500 rail cars carry over 180 million tons of cargo annually.
Gas Natural Fenosa is one of the largest energy infrastructure companies in the world, with operations in more than 30 countries and over 23 million customers. It operates across the natural gas value chain as well as having significant electricity generation and distribution businesses in Spain, Latin America and Mexico.