Blackstone Credit & Insurance Announces $1 Billion Infrastructure Loan Portfolio Purchase From Santander
Blackstone Credit & Insurance (BXCI) has agreed to acquire a $1 billion portfolio of high-quality infrastructure loans from Santander. The portfolio includes loans financing assets primarily in Western Europe and the US, focusing on digital infrastructure, utility-scale renewable, energy efficiency, and transportation sectors. BXCI's Infrastructure and Asset Based Credit platform manages over $80 billion with more than 70 investment professionals. This strategic transaction aims to support Santander's capital goals while allowing them to streamline their balance sheet and continue growth in the Structured Finance space.
Blackstone Credit & Insurance (BXCI) ha concordato di acquisire un portafoglio di 1 miliardo di dollari di prestiti infrastrutturali di alta qualità da Santander. Il portafoglio include prestiti che finanziano beni principalmente in Europa occidentale e negli Stati Uniti, concentrandosi sulle infrastrutture digitali, le energie rinnovabili su scala utility, l'efficienza energetica e i settori dei trasporti. La piattaforma di credito infrastrutturale e basata su attivi di BXCI gestisce oltre 80 miliardi di dollari con più di 70 professionisti degli investimenti. Questa transazione strategica mira a supportare gli obiettivi di capitale di Santander, consentendo al contempo di ottimizzare il loro bilancio e continuare la crescita nel settore della finanza strutturata.
Blackstone Credit & Insurance (BXCI) ha acordado adquirir un portafolio de 1 mil millones de dólares de préstamos de infraestructura de alta calidad de Santander. El portafolio incluye préstamos que financian activos principalmente en Europa Occidental y Estados Unidos, centrándose en infraestructura digital, energías renovables a gran escala, eficiencia energética y sectores de transporte. La plataforma de crédito basado en activos e infraestructura de BXCI gestiona más de 80 mil millones de dólares con más de 70 profesionales de inversión. Esta transacción estratégica tiene como objetivo apoyar las metas de capital de Santander, al tiempo que les permite optimizar su balance y continuar el crecimiento en el espacio de finanzas estructuradas.
블랙스톤 신용 및 보험(BXCI)는 10억 달러 포트폴리오를 산탄데르로부터 인수하기로 합의했습니다. 이 포트폴리오는 주로 서유럽과 미국에 있는 자산에 자금을 지원하는 대출을 포함하며, 디지털 인프라, 유틸리티 규모의 재생 가능 에너지, 에너지 효율성 및 교통 분야에 중점을 두고 있습니다. BXCI의 인프라 및 자산 기반 신용 플랫폼은 700억 달러 이상의 자산을 관리하며 70명 이상의 투자 전문가가 활동하고 있습니다. 이번 전략적 거래는 산탄데르의 자본 목표를 지원하는 동시에 그들의 대차대조표를 최적화하고 구조화된 금융 분야에서 성장을 지속할 수 있도록 하는 것을 목표로 하고 있습니다.
Blackstone Credit & Insurance (BXCI) a accepté d'acquérir un portefeuille de 1 milliard de dollars de prêts d'infrastructure de haute qualité de Santander. Le portefeuille comprend des prêts finançant des actifs principalement en Europe de l'Ouest et aux États-Unis, en se concentrant sur l'infrastructure numérique, les énergies renouvelables à grande échelle, l'efficacité énergétique et le secteur des transports. La plateforme de crédit infrastructure et basée sur les actifs de BXCI gère plus de 80 milliards de dollars avec plus de 70 professionnels de l'investissement. Cette transaction stratégique vise à soutenir les objectifs de capital de Santander tout en leur permettant d'optimiser leur bilan et de continuer leur croissance dans le domaine de la finance structurée.
Blackstone Credit & Insurance (BXCI) hat zugestimmt, ein Portfolio im Wert von 1 Milliarde Dollar von hochwertigen Infrastrukturkrediten von Santander zu erwerben. Das Portfolio umfasst Kredite, die Vermögenswerte hauptsächlich in Westeuropa und den USA finanzieren und sich auf digitale Infrastruktur, erneuerbare Energien im Versorgungsmaßstab, Energieeffizienz und den Verkehrssektor konzentrieren. Die Infrastruktur- und assetbasierte Kreditplattform von BXCI verwaltet über 80 Milliarden Dollar mit mehr als 70 Anlageexperten. Diese strategische Transaktion zielt darauf ab, die Kapitalziele von Santander zu unterstützen, während sie gleichzeitig dazu beiträgt, ihre Bilanz zu optimieren und weiteres Wachstum im Bereich strukturiertem Finanzwesen zu ermöglichen.
- Acquisition of $1 billion high-quality infrastructure loan portfolio
- Portfolio diversification across multiple strategic sectors and regions
- BXCI's substantial platform size with $80 billion under management
- None.
Insights
This
The transaction demonstrates BXCI's growing appetite for infrastructure debt investments, particularly in Europe, while showcasing their ability to execute large-scale portfolio purchases. For investors, this represents a positive expansion of BXCI's yield-generating assets and further diversification across essential infrastructure sectors. The investment-grade nature of these assets should provide stable returns while maintaining a conservative risk profile.
The portfolio acquisition strategically targets high-growth infrastructure segments that align with major global trends:
- Digital infrastructure expansion driven by data consumption growth
- Renewable energy scaling to meet climate goals
- Energy efficiency improvements amid rising energy costs
- Transportation modernization needs
Robert Horn, Global Head of Infrastructure & Asset Based Credit at BXCI, said: “This transaction is consistent with our approach to working with leading financial institutions on large-scale, long-term, efficient solutions that support their capital goals.”
Marcel Patiño, Global Head of Private Debt Mobilization at Santander CIB, said: “We are delighted to partner with Blackstone on this strategic transaction as we look to streamline our balance sheet while supporting further growth by Santander as a leading advisor and arranger in the Structured Finance space.”
Jacob Nowack, Managing Director at BXCI, added: “We are excited to work with Santander to further scale our relationship as it aligns with Blackstone’s deep roots in the infrastructure credit market and BXCI’s focus on increasing its investment activities in Europe.”
BXCI’s Infrastructure and Asset Based Credit platform manages over
Santander CIB is one of the leading banks globally in energy and infrastructure advisory and financings, offering tailored solutions to both corporate and institutional clients.
About Blackstone Credit & Insurance
Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.
About Santander
Banco Santander (SAN SM) is a leading commercial bank, founded in 1857 and headquartered in
Santander Corporate & Investment Banking (Santander CIB) is Santander’s global division that supports corporate and institutional clients, offering tailored services and value-added wholesale products suited to their complexity and sophistication, as well as to responsible banking standards that contribute to the progress of society.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241125396347/en/
Media
Blackstone
Felix Lettau
felix.lettau@blackstone.com
Santander
Santander Corporate Communications
comunicacion@gruposantander.com
Source: Blackstone
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