BLK · News · 20260918N

Acquisition / Partnership / Divestiture

BlackRock, Inc. · 2026-09-18 · Importance 64 · Surprise 42

Global Infrastructure Partners, part of BlackRock, secured $1.8 billion in capital from TotalEnergies for stakes in multiple African oil and gas infrastructure assets. TotalEnergies will pay GIP a throughput-based tariff for up to 15 years, creating a long-term infrastructure investment arrangement. The transaction strengthens GIP’s relationship with TotalEnergies and monetizes midstream infrastructure assets, although the specific projects were not identified.