GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors
GLP Capital Partners Limited (“GCP”) today announced its new structure as a dedicated global alternative asset manager that invests primarily through real asset and private equity strategies. GCP invests across high conviction and fast-growing new economy sectors such as logistics, data centers, renewable energy and related technologies.
GCTL Accelerates Energy Transformation by Equipping Customers with New Energy Storage Technology
GCTL, a joint venture between GLP and Contemporary Amperex Technology Ltd. (CATL), the world’s leading battery provider and the largest maker of electric vehicle (EV) batteries, has been actively driving development of energy storage infrastructure in industrial and commercial sectors in China.
China’s CATL Extends Lead as World’s Top EV Battery Maker
Contemporary Amperex Technology Co. Ltd.’s share of the electric-vehicle battery market continues to grow, according to the latest data from Seoul-based SNE Research, which show the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022. GLP partners with CATL through joint venture GCTL to expand the use of clean energy in logistics and transportation.