BLK · News · 20260918N

Africa Investment Exceeded $1B

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 oil and gas infrastructure assets in Africa. TotalEnergies will pay GIP a throughput-based tariff for up to 15 years, creating a long-duration infrastructure investment and cash-flow arrangement. The transaction strengthens GIP’s relationship with TotalEnergies and crystallizes value from midstream infrastructure assets, although the specific projects were not identified.

Key facts

• GIP provided $1.8 billion in capital for TotalEnergies' stakes in oil and gas infrastructure assets in Africa. source
• Global Infrastructure Partners (GIP) is described as "part of BlackRock Inc." in reporting about a TotalEnergies transaction. source