BlackRock's GIP teams with Temasek, Abu Dhabi heavyweights to target $30 billion in infrastructure deals

Published: 2026-05-14 01:36:16 ET BLK

Published on 05/14/2026 at 01:36 am EDT - Modified on 05/14/2026 at 01:42 am EDT

DUBAI, May 14 (Reuters) - BlackRock's GIP has partnered with Singapore's Temasek and Abu Dhabi's newest wealth fund L'IMAD and state oil firm ADNOC to launch an infrastructure partnership targeting $30 billion of investment across the Gulf Cooperation Council and Central Asia, the companies said in a joint statement on Thursday.

The partnership will raise a combination of equity and debt capital to target investments in greenfield and brownfield infrastructure assets across sectors including energy, transportation and logistics.

It will also consider select investments within the wider Middle East and North Africa region, the firms said.

(Reporting by Federico Maccioni; Editing by Kim Coghill)