GLP Europe signs Power Purchase Agreement in Spain, creating new onsite solar project
The agreement is with Romar Global Care, a leading perfumery, drugstore and cosmetics business. The project involves the development, installation and maintenance of a solar rooftop array with 6,904 photovoltaic (“PV”) panels and 21 inverters, providing ~3.8 MWp total installed capacity.
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.
GLP-backed Monoful Venture Partners Announces 13 Billion Yen First Close of Monoful Venture Partners I
GLP today announced that Monoful Venture Partners (“MVP”), a wholly owned subsidiary of GLP, has completed the first close of its maiden fund Monoful Venture Partners I (“MVP I”) with 12.9 billion yen (~US$96 million) in commitments.
Hidden Hill Capital Announces $465M Close of Hidden Hill Foundation Fund Exceeding Target
Hidden Hill Capital (“Hidden Hill”) a private equity manager backed by GLP, announced the final close of its USD denominated Hidden Hill Foundation Fund, which was oversubscribed, and closed with $465 million of commitments from a well-diversified investor group including lead investor NewQuest Capital Partners and other top investors from North America, Asia and Europe.
GLP Embarks on Net Zero Smart Park Redevelopment Project in Putuo, Shanghai
GLP announced that it has embarked on the redevelopment of GLP Park Shanghai Northwest in Putuo District into a flagship sustainable smart park to provide logistics and cold storage for e-commerce, food and grocery, pharmaceutical industries as well as third-party logistics providers.