Plano-based Accelerate Infrastructure Opportunities has announced a $780 million capital raise composed of a $630 million equity commitment from funds and co-investors managed by CBRE Investment Management and a $150 million inaugural asset-backed securitization.

Accelerate acquires and manages real estate under critical infrastructure in digital, renewable, and transportation sectors. It aggregates those assets into a managed portfolio that generates long-term, sustainable cash flow, Accelerate said.

“We’re grateful to CBRE IM and its partners for their investments that allow us to continue to execute and scale our leading infrastructure real estate strategy,” Brennan Potts, founder and CEO of Accelerate, said in a statement. “All our investors recognize the significant need for investment in infrastructure real estate to support the build out of a connected and sustainable economy. Accelerate is here to help meet that need.”

Last year, we told you how Accelerate Investment Partners and CBRE Investment Management launched Accelerate Infrastructure Opportunities as a new strategy to invest in digital and renewable real property interests across North America.

Accelerate said it joined forces with CBRE IM to launch the infrastructure site acquisition strategy in December of 2022. Since then, Accelerate has acquired interests in more than 200 properties in 38 states under digital, renewable, and transportation infrastructure assets.

“Combining Accelerate’s high-performing, value-based team with the expertise and breadth of the CBRE platform has allowed Accelerate to quickly win market share across multiple infrastructure sectors and cement its leadership position,” Rob Shaw, managing director at CBRE IM, said in a statement. “Accelerate’s proven track record, creative structuring and long-term partnership focus, positions Accelerate to be the partner of choice to help landowners, brokers and infrastructure companies realize the full value of the land underneath critical infrastructure assets.”

More on the asset-backed securitization

Accelerate said it issued a $150 million asset-backed securitization on a diversified portfolio of properties under critical infrastructure assets, making the securitization the first of its kind. The company said the issuance was oversubscribed and included support from several investors.

Morningstar DBRS provided an investment-grade rating A (low) for Accelerate’s securitized notes.

“We’re proud of the quality of our inaugural ABS issuance, which signals a strong endorsement of our strategy and the value and stability of our high-quality, diversified portfolio,” Brandon O’Gara, president and CFO of Accelerate, said in a statement. “We believe that establishing Accelerate in the ABS market opens the door to future financing opportunities and allows Accelerate to provide a competitive cost of capital to our customers.”

 Along with its HQ in Plano, Accelerate has offices in New York and Los Angeles.

CBRE Investment Management is a leading global real assets investment management firm with $148.3 billion in assets under management as of Sept. 30, operating in more than 30 offices and 20 countries around the world.

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