Infrastructure & Renewable Resources Program

BCI’s infrastructure & renewable resources program is a diversified portfolio of $22.3 billion of tangible, real assets. Our global program invests primarily in core infrastructure assets that operate in stable regulatory environments and renewable resources assets that are critical to meeting the demands of a growing global population.

We target privately held assets with high barriers to entry with potential for strong cash flows and favourable risk-return characteristics. Our focus on meaningful positions with governance rights allows us to actively manage the investments with a view of increasing their long-term value. The typical anticipated holding period spans over 20 years. We may also invest in publicly listed infrastructure to complement our current holdings and deliver additional value to clients.

We Invest In

We invest in businesses around the world that provide essential services and that support or are necessary for the growth and development of economies.

Utilities

We invest in utilities providing essential services such as water, electricity, gas, and wastewater treatment services.

Energy

We invest in energy assets including pipeline transmission, distribution, and storage.

Transportation

We invest in roads, railways, airports, and port terminals.

Communication

We invest in telecommunication towers.

Renewable Resources

We invest in timberlands, agribusiness, hydroelectricity, solar, and renewable energy and storage.

Investment & Performance

Over the year ending December 31, 2022, BCI’s infrastructure & renewable resources program deployed over $4.0 billion in direct and fund investments across a diverse range of assets.

We are committed to generating long-term value and advancing growth through innovative investments, leveraging our extensive global network, and applying our unique industry expertise.

$
0
B

ASSETS UNDER
MANAGEMENT1

0
%

PERCENTAGE OF AUM IN DIRECT INVESTMENTS2

0
%

5-YEAR RETURN AGAINST A BENCHMARK RETURN OF 6.71%

1 Assets in the infrastructure & renewable resources program are valued annually at December 31. Returns for the program are calculated on an internal rate of return basis and are net of fees.
2 Percentage of AUM in fund investments totals 16.0%.

Global Distribution of Net Assets Under Management

As at December 31, 20221, 2
UNITED STATES
34.5%
1
EMERGING MARKETS
24.0%
2
CANADA
17.8%
3
EUROPE3
17.5%
4
ASIA
7.4%
5
Scroll to see more >
IRR_team_2

Investment Team

Our teams in Victoria, B.C. and London, U.K., consist of highly experienced investment professionals. We are performance-focused, and our commitment to accountability and integrity drive our investment decisions.