AGP Sustainable Real Assets (AGP), a Singapore-based global infrastructure and real assets developer and operator, has announced a strategic, preferred investment from Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets.
As a strategic capital partner, Stonepeak will bring valuable expertise to the AGP management team, and help to accelerate the growth of AGP’s portfolio across business verticals including energy transition and sustainable community infrastructure across housing, logistics, and data.
The partnership also gives Stonepeak the opportunity to invest across new markets and sectors with a trusted local partner. Together, Stonepeak and AGP will work to further AGP’s mission to build real assets that enable a sustainable and net zero emissions future.
Headquartered in Singapore, AGP invests in, develops, and operates sustainable real assets across three key investment themes: renewable energy, infrastructure and communities, and natural capital.
Ben Salmon, AGP Partner said: “This strategic investment represents a pivotal milestone in AGP’s journey. We are thrilled to be working with such a high-caliber partner in Stonepeak and foresee this investment as a powerful catalyst for our forward trajectory. AGP is committed to reshaping the landscape of infrastructure development. Our aim is to seamlessly integrate energy and community infrastructure, developing innovative sustainable solutions that meet society’s evolving needs.”
The investment is expected to close in Q4 2023 subject to satisfaction of customary closing conditions.