ADNOC announces $20.7 billion pipeline investment deal

ADNOC announces $20.7 billion pipeline investment deal

The consortium comprises Global Infrastructure Partners (GIP), Brookfield Asset Management, Singapore's sovereign wealth fund GIC, Ontario Teachers' Pension Plan Board (Ontario Teachers'), NH Investment & Securities and Snam (the Consortium).. The transaction underscores GIP's strategy of investing in high quality infrastructure assets and developing long term strategic partnerships with industry leaders.". The new partnership with ADNOC and a group of world-class institutional and infrastructure investors expands our global presence and provides further geographic diversification to our portfolio.". I am confident the milestone transaction can become a stepping-stone to broaden Korean investments in the region," remarked Young-Chae Jeong, Chairman & CEO of NH Investment & Securities.. Snam CEO, Marco Alverà, said: "With this strategic transaction, we strengthen our international footprint by entering a country and a region that are key to our sector..