Global Infrastructure Partners announces agreement to acquire MAP Energy's Renewable Energy Business

Global Infrastructure Partners (GIP) has announced the acquisition of MAP RE/ES, the renewable energy business of MAP Energy. GIP's fourth flagship fund, GIP IV, will acquire 100% of the MAP RE/ES investment platform, team, and renewable energy assets under management from MAP, a private fund manager and energy investor. The assets include a portfolio of producing royalty interests across more than 16,000 MW of operating wind and solar projects in the United States, as well as a nationwide development pipeline managed through joint ventures with leading national and regional development partners. The MAP RE/ES business will continue to be led by its existing investment team.