Sidley is advising Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximately US$57.1 billion of assets under management, on its strategic, preferred investment into AGP Sustainable Real Assets (AGP), a Singapore-based global infrastructure and real assets developer and operator.
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. AGP’s mandate is to promote real assets that generate positive impact for people and the environment, by focusing on “sustainable real assets”: transformative infrastructure assets that make positive contributions to satisfying the United Nations Sustainable Development Goals. AGP is developing, constructing, has delivered, and/or is operating globally an aggregate portfolio of over 12GW of renewable energy assets, 5msqft of modern logistics warehousing, 310MW of datacenter capacity, and 20msqft of community housing.
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.
The Sidley team was led by Charlie Wilson and Parthiv Rishi (both M&A and Private Equity — Singapore) with support from Raymond Oh (China Corporate and Finance — Hong Kong/Singapore) and Tim Chandler (Energy, Transportation, and Infrastructure — Houston) together with Kapish J. Davé, Eldon Chan, Ryan Lim, Rachel Ang, Caulyn Bong (all M&A and Private Equity — Singapore), Daniel Lindsey (Global Finance — Singapore), Ed Freeman, Beatrice McGuire (all Energy, Transportation, and Infrastructure — London), Armin Mustafic, Tobias Bachmeier, Laura Persin, and Mario Hirsch (all M&A and Private Equity — Munich) among others, in a cross-border team spanning nine offices and nine practice groups.
