LONDON: BHP has entered into a binding agreement with Global Infrastructure Partners (GIP), a part of BlackRock, in relation to BHP’s share of Western Australia Iron Ore’s (WAIO) inland power network (the Agreement). WAIO comprises four main joint ventures in the Pilbara region of Western Australia. BHP holds an 85% interest in WAIO. Under the Agreement,…
Tag: blackrock
GEM Realty Capital exits Aligned Data Centers stake in $40 billion consortium buyout
CHICAGO – GEM Realty Capital (GEM) has agreed to sell its equity investment in Aligned Data Centers as part of a $40 billion acquisition by a consortium led by Artificial Intelligence Infrastructure Partnership (AIP), MGX Fund Management Limited (MGX), and BlackRock’s Global Infrastructure Partners (GIP), the firm announced on Thursday. The transaction, one of the…
BlackRock declares $5.21 dividend amid record ETF flows and HPS acquisition
BlackRock maintains strong momentum despite major client redemption, boosts AUM to $12.5 trillion BlackRock Inc. (NYSE: BLK) on Wednesday reported robust second-quarter earnings and declared a quarterly cash dividend of $5.21 per share, payable on September 23, 2025, to shareholders of record as of September 5, 2025. The world’s largest asset manager posted diluted EPS…
TotalEnergies and Vanguard to develop renewable natural gas in the United States
PARIS: TotalEnergies and Vanguard Renewables have joined forces to establish a joint venture that promises to revolutionize the production of renewable natural gas (RNG) in the United States. The agreement, signed in New York on April 12th, 2024, was witnessed by industry giants Patrick Pouyanné and Larry Fink, the respective CEOs of TotalEnergies and BlackRock….
BlackRock launches its first blockchain-based tokenized fund
BlackRock has announced the launch of the BlackRock USD Institutional Digital Liquidity Fund, or “BUIDL,” a pioneering tokenized fund on a public blockchain. BUIDL aims to provide qualified investors with U.S. dollar yields through subscriptions via Securitize Markets, LLC. Robert Mitchnick, BlackRock’s Head of Digital Assets, highlighted the launch as a significant advancement in the…
Lightyear and BlackRock launche high-yield money market funds for Uk retail investors
LONDON: Investment platform Lightyear has launched three high-yield money-market funds for UK retail investors, in collaboration with BlackRock, according to international-adviser. Highlights: · The funds are designed to be a low-risk investment, with a target net asset value of $/€/£ 1 per share. · The funds are open to all UK retail investors, regardless of their investment experience…
Saudi Aramco CEO joins BlackRock board of directors
BlackRock, the world’s largest asset manager, announced Monday that Amin Nasser, the CEO of Saudi Aramco, the world’s largest oil company, is joining its board of directors. The move reflects BlackRock’s emphasis on the Middle East as part of its long-term strategy, as well as its recognition of the global energy transition and the shift…