GIIA-2025年年度报告显示GIIA成员的全球资产增长至2.2万亿美元-Global Infrastructure Asset Report 2025

GlobalInfrastructureAssetReport2025

TheGlobalVoiceofInfrastructureInvestors

OurAnnualInfrastructureAssetReportpaintsaclearpictureofthescaleofourmembers’deploymentofprivatecapital

aroundtheworld.

Itisthisreach–andtheeconomicandsocialbenefits–thatmakeGIIAtheglobalvoiceofinfrastructureinvestors.

Conveningourmemberswithgovernmentsandregulatorstocreatetheconditionsforprivateinvestmentthathelptoclosetheinfrastructurefundinggap.

AssetsunderManagement

$2.2tn

Countries

68

Assets

2,855

Investors

85

NB:All$valuesinUSDollarsunlessotherwisestated

2

AssetsunderManagement-theBenefits

UtilitiesCustomersRenewableEnergy

204million284GW

AirPassengersFreightTonnes

104

Airports

1billion

426Ports

1.3billion

HospitalBedandHealthCentres

>100,000

RoadTraffic

35million93,000kmAADT*highways

*AnnualAverageDailyTraffic

Transmissionand

DistributionNetworks

2.1millionkm

DataCentres

2,26855milion

sqft

Students

367,000

Schools

3,000

3

GIIA’sGrowthoverTime

ThevalueofGIIAmembers’assetsundermanagement(AUM)has

morethanquadrupledsince2017.

Thenumberofinvestormembershas

increasedby70%sinceourfirstassetreport.

InvestorMembers

Lookingatthetop100infrastructuregeneralpartners(GPs)globally,thosewhoareGIIAmembersraisedthree-quarters(74%)ofallinfrastructurecapitalduring2019–2024.

GLOBAL

INFRASTRUCTUREASSETREPORT2025

ThisfundraisingstrengthreflectsthescaleofGIIAmembers’platforms,andtheirinfluenceoninvestmenttrends,policydiscussionsandthedeliveryofessentialinfrastructure.

GIIAInvestorMembersAUMofMembership

CompoundAnnualGrowthRate7.7%CompoundAnnualGrowthRate23.6%

2500

90

80

2000

70

1500

60

1000

50

500

20172018201920202021202220232024

4

ValueofAUM (US$)

5

GLOBAL

INFRASTRUCTUREASSETREPORT2025

MemberAssetsbyRegion

GIIAmembershave2,855assetsandinvestmentsworldwide

865

Europe

(ExcludingUK)

82

1

123

Canada

1

13

MiddleEast

Africa

Oceania

21

92

(excludingAustralia)

Central

andSouth

America

221

Australia

6

GLOBAL

INFRASTRUCTUREASSETREPORT2025

AssetNumbersbyCountry(Top20)

800

802

700

600

523

500

300

221

200

166

135

123119

100

85

6057494033302726242121

31

UKUSAAustraliaGermanySpainItalyIndiaSouthKoreaNorwayIrelandFinlandBrazilPortugalChilePoland

FranceCanadaTheNetherlandsSwedenNewZealand

7

GLOBAL

INFRASTRUCTUREASSETREPORT2025

BreakdownbyRegionandSector

Thecompositionofassetsby

numbervariesfromregiontoregion.

Renewableassetsareheavilyrepresented

acrossallmarkets,withthelargestproportioninmainlandEurope.

TheUnitedStatesismoreequallyrepresentedacrosstransport,utilitiesandtelecoms.Thiscomparesto

emergingmarketsinAsia,OceaniaandCentralandSouthAmerica,withlargedistributionsofutilities

andtransportassets.

Totalvaluesofmemberassetsbymarket:

•USA:$511bn

•Europe:$485bn

•UK:$341bn

100%

90%

80%

70%

Utilities

Transport

Telecoms

SustainabilityStorage

Social

RenewablesOther

60%

50%

40%

30%

20%

10%

0%

USA

EuropeUK

(excludingUK)

Middle

East

Australia

Oceania

(excludingAustralia)

CentralAsia

andSouthAmerica

Africa

(onlyoneasset)

ValueofAssetsbySectorandRegion

USA,UKandEuropeAcrossthefour“Core”Sectors

Renewables

TransportUtilities

24%

25%

34%

36%

47%

$325bn

$221bn

$244bn

52%

29%

23%

30%

UK

Europe

GLOBAL

INFRASTRUCTUREASSETREPORT2025

USA

Telecoms

48%

37%

$289bn

8

15%

9

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INFRASTRUCTUREASSETREPORT2025

ChangesinSectorFocusSince2017

InvestorfocusondifferentsectorshaschangedsincetheAnnualAssetReportwaslaunchedin2017.

Inparticular,renewableenergyassetsandtelecoms

haveincreasedsignificantlyasashareoftheportfolio,

whileutilitieshavedeclined.In2023,werefinedour

sectortaxonomybyaddingnewcategoriesformembers’investmentsinoil,gasandbulkliquidstorageandby

creatinganew“sustainability”sectorcoveringmicrogrids,carboncaptureandheatnetworks.

2024

5%

12%

5%

21%

28%

23%

2017

Utilities

Transport

Telecoms

SustainabilityStorage

Social

RenewablesOther

21%

25%

22%

4%12%

20%

1%1%

ProportionofAssetTypesin“Core”Sectors

8%

Waste

12%

Water

4%

Metering

3%

Wastewater

10%

Electrical

Transmission

Utilities

278Assets

23%

GasDistribution

19%

ElectricityTransmission

17%

Other

1%

LastMile

4%

GasGeneration

Transport

596Assets

67%31%

RoadsOther

11%

Rail(leasing

6%

Car

parking

2%

Ferries

16%

Airports

20%

Rail

17%

Ports

6%

EVInfrastructure

GLOBAL

INFRASTRUCTUREASSETREPORT2025

SocialInfrastructure

278Assets

41%

Other

50%

Education

28%

Healthcare

31%

Hospitals

20%

10

Accommodation

GLOBAL

11

INFRASTRUCTUREASSETREPORT2025

ProportionofAssetTypesin“CorePlus”and“ValueAdd”Sectors

Telecoms

326Assets

Renewables

797Assets

20%

Fibre

28%

29%

OffshoreWind

65%

FTTH*/FTTP*

Solar

19%

5%

BatteryStorage

TowersandMasts

12%

Biomass/AD*

1%

HydrogenProduction