Blackrock-backed GIP to acquire a 40% stake in Aboitiz InfraCapital from Aboitiz Equity Ventures for $233m.

Blackrock-backed Global Infrastructure Partners, an infrastructure investor, agreed to acquire a 40% stake in Aboitiz InfraCapital, the infrastructure arm, from Aboitiz Equity Ventures, a Philippine holding company, for $233m. “We are very pleased to partner with Aboitiz InfraCapital as we work together to help accelerate infrastructure development in the Philippines. This collaboration reflects our shared commitment to supporting long-term, sustainable growth across the country. By combining our global investment capabilities with Aboitiz’s deep local expertise, we aim to help deliver essential infrastructure that strengthens communities, drives economic progress and creates lasting value,” Ray Nadarajah, GIP Emerging Markets Partner.