Grupo SAESA is the third-largest regulated electricity transmission and distribution company in Chile and operates over 53,000 km of wires. The company also owns and operates ~190MW of wind, hydro, diesel and gas electricity generation.
AIMCo’s Infrastructure & Renewable Resources team manages a global portfolio of more than $20 billion. Notable investments include Howard Energy, sPower, London City Airport, Puget Energy and Forestry Investment Trust. We’re an active direct infrastructure investor with a focus on strong corporate governance.
Our approach is to consistently use a disciplined value-oriented investment process where risks and return assessments are based on fundamentals supported by a robust diligence program. We also believe value creation potential is directly tied to:
Strong long-term relationships with aligned partners
Appropriate governance rights
Top management teams managing the day to day operations of each asset
Our infrastructure investments are made in real assets that typically provide essential services that, over the long-term, generate stable, inflation-linked cash flows. Infrastructure investments include utilities, energy/power (generation, transmission and distribution networks, pipelines) and transportation (toll roads, airports, seaports). The team primarily makes direct investments but will also consider externally managed funds.
AIMCo’s Renewable Resources portfolio includes timberland and agricultural investments that provide inflation hedging and a long-term duration match with client obligations. The team acquires and manages equity interests in timberland, timber leases, timber harvesting rights and related assets. The portfolio has a global mandate and the team actively invests both in externally managed funds and directly in assets.