BHP Secures $2bn Investment From BlackRock’s GIP in Power-Network Deal as Miners Race to Unlock Capital

BHP Group said on Tuesday that BlackRock-owned Global Infrastructure Partners will invest $2 billion into Western Australia Iron Ore’s inland power network, marking one of the most significant recent moves by a major miner to recycle capital out of low-risk infrastructure and push it back into growth. The agreement carves out WAIO’s inland power assets

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