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Thursday, September 19th, 2019

Global Infrastructure Partners: Equis and Global Infrastructure Partners Announce Closing of US$5.0 Billion Renewable Energy Generation Acquisition of Equis Energy

Closed
by January 19, 2018 General
Singapore, 2018-01-19 17:19 CET (GLOBE NEWSWIRE) —
Equis Pte. Ltd (Equis) and Global Infrastructure Partners (GIP) announcedtoday
the closing of the previously announced sale by Equis of 100% of the equity
interest in Equis Energyto GIP and its co-investors, for an enterprise value of
USD5.0 billion (including assumed liabilities of USD1.3bn). The net transaction
consideration has been settled in cash.

Headquartered in Singapore, Equis Energy is the largest renewable energy
independent power producer(IPP) in the Asia-Pacific region (APAC), with more
than 180 assets comprising 11,135MW in operation,construction and development
across APAC including Australia, Japan, India, Indonesia, the Philippinesand
Thailand.

The transaction is the largest renewable energy generation acquisition in
history and positions GIP as adominant renewable energy developer in the key
OECD growth markets of Australia and Japan, as well asacross India and
South-East Asia.

About Equis Energy

Equis Energy operates from 15 Asian offices, employing over 300 professionals
including 100 engineersand 38 local development professionals. Equis is the
largest renewable energy IPP in the Asia-Pacificregion based on installed
capacity, with more than 180 assets comprising 11,135MW in APAC,
includingAustralia, Japan, India, Indonesia, the Philippines and Thailand. For
more information, visitwww.equisenergy.com

About Equis

Equis is Asia’s largest independent developer and infrastructure fund manager,
with a focus on developingand managing energy and infrastructure assets through
Equis-controlled local development, constructionmanagement and operational
teams. For more information, visit www.equisfg.com

About Global Infrastructure Partners

GIP is an independent infrastructure fund manager that combines deep industry
expertise with industrialbest practice operational management. GIP invests in
high quality infrastructure assets in the energy,transport and water/waste
sectors where it has deep experience, strong relationships and
provenperformance. For more information, visit www.global-infra.com

Attachments:

A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/757747b1-2fcd-404f-8eec-b7ef1
e7605c7

Roberto De Vido
Equis Energy
roberto.devido@equisenergy.com

Jack Cowell
GIobal Infrastructure Partners
212 315 8133
Jack.Cowell@global-infra.com

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