On September 24, President of the Republic of Azerbaijan Ilham Aliyev met in New York with Adebayo (Bayo) Ogunlesi, Founder, Chairman, and Chief Executive Officer of Global Infrastructure Partners (GIP), a leading global infrastructure investment management company, APA reports.
The meeting focused on opportunities for international partnership in the infrastructure sector and the role of joint investments in expanding regional economic cooperation.
President Ilham Aliyev underlined the successful partnership established in 2024 between the State Oil Fund of the Republic of Azerbaijan (SOFAZ) and GIP, highlighting in particular the joint investment in Italy’s leading high-speed rail operator Italo as an example of effective collaboration. The Head of State also emphasized that GIP’s expertise in airport management, energy transition, and artificial intelligence infrastructure creates significant opportunities for future cooperation.
For his part, Adebayo Ogunlesi stressed that Azerbaijan’s strategic geographical location and sustainable development priorities provide strong prospects for long-term infrastructure investments. He expressed his company’s keen interest in deepening cooperation with Azerbaijan in the fields of energy transition, transportation, and digital infrastructure.
For reference, Global Infrastructure Partners was founded in the United States in 2006. The company currently manages approximately $170 billion in assets and operates offices in New York, London, Singapore, Sydney, and other global financial hubs. Its portfolio includes a leading renewable energy company in the United States, making GIP one of the most influential players in the sector.