Argo Infrastructure Partners (“Argo”), founded by Jason Zibarras, is a leading mid-market asset manager targeting essential infrastructure assets in North America, announced a recap of a series of strategic financings across its portfolio.
Across its entire portfolio of 18 high-quality infrastructure companies and projects, Argo seeks to secure appropriate financing through its extensive institutional relationships to improve liquidity, lower cost of capital and further strengthen portfolio company balance sheets to support investment and growth initiatives. Over the last 12 months Argo has demonstrated its ability to support its portfolio companies by raising debt financing across a broad range of markets, structures and asset classes at favorable rates and terms.
Through these transactions, Argo has facilitated, arranged and supported approx. US $2 billion in aggregate financing for its portfolio companies, which include regulated utilities, renewable power assets, and digital infrastructure. Argo also guided its companies through their inaugural credit ratings process and obtained investment grade ratings for their long term debt issuance. The financing structures included bridge loans, asset-backed securities (ABS) and long-term notes.
“We view prudent debt capital and restructuring as a key lever in unlocking long-term value. By securing capital structures and sources aligned with each portfolio company’s operating profile, it improves financial flexibility,” said Jason Zibarras, founder of Argo Infrastructure Partners. “Our platform-wide financing efforts have reduced volatility and enabled our portfolio companies to unlock and pursue organic and step growth opportunities.”
“Argo’s ability to source and structure bespoke financing solutions is a powerful differentiator for our portfolio companies,” said Andrew Zaroulis, Managing Director at Argo. “By leveraging our deep lender relationships, capital markets and infrastructure expertise, we’re able to unlock access to lower cost capital that wouldn’t otherwise be available.”