The consortium is led by BlackRock’s Global Infrastructure Partners. The infrastructure platform brought QIA into the investor group more than a year ago. The fund maintained its commitment despite missile strikes targeting Doha over the weekend. A QIA representative declined to comment.

Notably, the deal was announced shortly after Qatar halted liquefied natural gas production at the world’s largest export facility following an Iranian drone attack. Nevertheless, the country’s energy revenues continue to underpin its outbound investment strategy.

The $10.7bn acquisition reinforces sovereign capital’s role in US infrastructure. Moreover, it highlights the resilience of Gulf private equity and infrastructure investors amid geopolitical disruption.

In parallel, Bahrain Aluminium agreed to acquire Aluminium Dunkerque Industries France for more than €1bn, equivalent to approximately $1.2bn. The transaction marks Bahrain’s largest-ever overseas corporate takeover.

Meanwhile, Saudi Arabia’s Tahweel Holding agreed to acquire downstream plastics operations from Tasnee. In addition, Dubai Aerospace Enterprise struck a $7bn deal, including debt, to acquire Macquarie AirFinance. The acquisition strengthens its position in global jet financing.

Collectively, these transactions extend a broader acquisition wave. Gulf investors have deployed more than $1tn in global M&A over the past decade.

Sovereign wealth funds remain central to the trend. For example, Public Investment Fund participated in last year’s $55bn buyout of Electronic Arts, underscoring the scale of capital originating from the region.

Despite regional instability, Gulf sovereign and private equity investors continue to execute large-scale international transactions, reinforcing their influence across infrastructure, industrials, and aviation finance.

If you think we missed any important news, please do not hesitate to contact us at [email protected].

Can`t stop reading? Read more.