ADIA’s Subsidiary Invests $1.5 Billion in GLP Pte Ltd

Singapore-headquartered GLP Pte Ltd, a leading global thematic business builder, investor and investment manager, on Thursday announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will invest up to $1.5 billion in the company to support its next phase of growth.

The deal includes an initial capital deployment of $500 million which is expected to accelerate the Group’s mission of creating differentiated, scaled platforms across logistics, digital infrastructure and renewable energy, sectors benefitting from structural tailwinds driven by the expansion of e commerce, accelerating adoption of AI/cloud technologies, and the global shift towards cleaner, more sustainable energy sources.

The rest of the capital will be invested in the coming months. The investment comes amid rising demand for logistics and digital infrastructure. Investments into data centres have surged in particular, driven by high growth potential and strong demand for artificial intelligence services, Reuters said in a report.

Building upon several years of successful fund-level collaboration between GLP and ADIA subsidiaries, this transaction is an endorsement of GLP’s execution capabilities and track record of delivering value in high-growth sectors. GLP continues to benefit from the support of its existing consortium of long-term shareholders, positioning the company for its next phase of growth.

Creating Scalable Partnerships

Ming Mei, Co-Founder and CEO of GLP, said that they were delighted to strengthen their relationship with ADIA in line with the company’s strategy of creating scalable partnerships with world-class investment partners.

“With this enhanced capital base and strategic alignment, this investment further positions us to accelerate growth and take advantage of the significant market opportunities we see associated with the secular expansion of new economy sectors in which we operate,” Ming said.

Executive Director of the Real Estate Department at ADIA Mohamed Al Qubaisi said that they have been investing in GLP funds for a number of years. This transaction will allow ADIA to deepen that relationship, support the company in its next phase of growth and scale their exposure to new economy sectors, in line with ADIA’s strategy.

GLP develops and operates logistics real estate, data centers, renewable energy, and related technologies, with operations across Brazil, China, Europe, India, Japan, the US, and Vietnam. The group manages around $80 billion of assets through its asset management unit, GLP Capital Partners.

Chinese Investments

It may be recalled that this is the second investment made into GLP, which secured $349.5 million from Zhejiang government-backed investors to expand its data center footprint in China.

Zhejiang Province, home to major Chinese technology companies, has established itself as a leading hub for digital economy and AI development.

The provincial government has released a comprehensive AI development strategy targeting over $17 billion in core AI industry revenue by 2030, aligned with the national “AI Plus” initiative to enhance large language model applications across sectors.

The province has developed a strong ecosystem for computing power, robotics and AI industries, including prominent enterprise clusters such as the “Hangzhou Six Dragons,” featuring companies like Unitree Robotics and DeepSeek.

These developments in robotics, LLMs, and multimodal applications create significant opportunities for GLP’s new-economy focused investment and business building strategy.