Accelerate Infrastructure Opportunities (Accelerate) announced last week a $780 million capital raise comprised of a $630 million equity commitment from funds and co-investors managed by CBRE Investment Management (CBRE IM) and a $150 million inaugural asset-backed securitization. Accelerate acquires and manages real estate under critical infrastructure in digital, renewable and transportation sectors and aggregates these assets into a managed portfolio that generates long-term, sustainable cash flow, according to the company.
CBRE IM, on behalf of its funds and co-investors, has increased its existing investment in Accelerate to a total capital commitment of $630 million. The capital raise will further support the growth of Accelerate’s diverse infrastructure site portfolio.
“We are grateful to CBRE IM and its partners for their investments that allow us to continue to execute and scale our leading infrastructure real estate strategy,” said Brennan Potts, founder and CEO of Accelerate. “All our investors recognize the significant need for investment in infrastructure real estate to support the build out of a connected and sustainable economy. Accelerate is here to help meet that need.”
Accelerate and CBRE IM joined forces to launch the infrastructure site acquisition strategy in December of 2022. Since that time, Accelerate has acquired interests in more than 200 properties in 38 states under digital, renewable, and transportation infrastructure assets.
“Combining Accelerate’s high-performing, value-based team with the expertise and breadth of the CBRE platform has allowed Accelerate to quickly win market share across multiple infrastructure sectors and cement its leadership position,” said Rob Shaw, Managing Director at CBRE IM. “Accelerate’s proven track record, creative structuring and long-term partnership focus positions Accelerate to be the partner of choice to help landowners, brokers and infrastructure companies realize the full value of the land underneath critical infrastructure assets.”
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