BlackRock is to establish a perpetual infrastructure strategy that will seek to partner with infrastructure businesses over the long term to help drive the global energy transition.
Building on the broad capabilities of BlackRock’s longstanding infrastructure platform, the new strategy will pursue investments in the megatrends of energy transition and energy security, as well as digital and community infrastructure, sustainable mobility, and the circular economy.
It will seek to deploy capital into fully integrated businesses such as utilities and end-to-end renewable energy infrastructure players, as well as assets such as data centres, grid digitisation technologies, battery storage systems, and natural gas storage and transport facilities, where adaptable to incorporate hydrogen.
Over half of the strategy will be allocated to Europe initially, becoming increasingly global over the decades to come.
