Australia Retirement Trust Joins $630 Million Accelerate Raise
Australia Retirement Trust joined Mubadala Investment Company in a $630 million capital raise for Accelerate Infrastructure Opportunities. The US platform now has $1.26 billion in total equity committed, a larger pool for buying and managing land under critical infrastructure assets.
Brennan Potts on $1.26 billion
“This capital reflects deep alignment with long-term institutional partners who understand the durability of infrastructure cash flows. Our strategy is built on acquiring infrastructure sites that underpin digital connectivity, renewable energy, and mobility, and scaling them through disciplined execution.” Brennan Potts said the new money gives the platform more capital certainty as it pursues those sites.
“Reaching $1.26bn in capital commitments gives us the scale and capital certainty to continue to pursue the most compelling infrastructure opportunities,” he said. That target matters because the platform is built around a site acquisition strategy rather than a broader operating business, so each added investor enlarges the buying capacity behind it.
CBRE Investment Management and ART
The latest raise included money from existing backer CBRE Investment Management as well as the new investors. Robert Shaw said CBRE Investment Management was proud to increase support for Accelerate and welcome Mubadala, ART and other partners to the platform.
“This strategic capital raise will enable Accelerate to continue to scale its diversified portfolio of key infrastructure assets and deliver durable infrastructure cash flows to investors,” Shaw said. The practical effect is straightforward: more capital at the platform level can support more site acquisitions tied to digital connectivity, renewable energy and mobility.
Mubadala’s US infrastructure bet
Giovanni Oddo said the investment expands Mubadala’s infrastructure exposure in the United States, which he called a key strategic market for the firm. He added that the investment aligns with its focus on key infrastructure at the intersection of digital connectivity and energy systems.
“As demand accelerates across data, power, and mobility, platforms like Accelerate play an important role in enabling the infrastructure required to support a rapidly evolving global economy,” Oddo said. The raise follows the strategy Accelerate and CBRE IM established in December 2022 and further backing from CBRE IM-managed funds and co-investors in October 2024, showing a platform that has kept adding capital as it scales.