Get ready for a game-changer in the world of infrastructure investments! Stonepeak is about to revolutionize the market with its upcoming launch of the Stonepeak-Plus INFRA1 Note on the ASX.
Mark your calendars for December 3, 2025, when this innovative financial instrument is expected to hit the Australian Securities Exchange under the ticker code "SPPHA". But here's where it gets controversial...
The Stonepeak-Plus INFRA1 Note offers a unique opportunity for Australian investors to tap into a carefully curated portfolio of high-quality infrastructure debt assets. With a focus on critical infrastructure sectors like transportation, energy, digital, and social infrastructure in Australia, New Zealand, and beyond, this note promises a steady monthly income stream. The interest rate is set at a benchmark of BBSW (1 month) plus a margin of 3.25% per annum, accruing monthly, with a target repayment date of six years from the issue date.
And this is the part most people miss: Stonepeak has already secured over A$300 million in cornerstone investments, reflecting a strong initial demand for this innovative financial product.
"Infrastructure debt has long been an elusive asset class for investors, but Stonepeak is here to change that," says Andrew Robertson, Senior Managing Director and Head of Australia and New Zealand Private Credit at Stonepeak. "By leveraging our extensive experience and deep sector specialization, we aim to provide Australian investors with access to a stable and predictable income stream while diversifying their portfolios."
Jack Howell, Stonepeak Co-President, adds, "We've recognized the untapped potential in the credit space, and we're thrilled to broaden access to this asset class through the launch of the Stonepeak-Plus INFRA1 Note. Since our foray into infrastructure debt in 2018, we've expanded our team and offerings thoughtfully, and this proposed launch is a testament to our success in investing across the capital stack on behalf of our investors."
With nearly 30 investment professionals and over 85 investments in its portfolio, Stonepeak Credit manages approximately A$2.9 billion in assets. This year, Stonepeak further solidified its position by acquiring Boundary Street Capital, a leading specialist private credit investment manager focused on digital infrastructure and technology sectors in the lower middle market. The launch of the Stonepeak-Plus INFRA1 Note also reflects the continued growth of Stonepeak's dedicated wealth solutions platform, Stonepeak+.
E&P Capital, Westpac, Morgans, FIIG Securities, MST, and Shaw and Partners are serving as joint lead managers to Stonepeak, with Corrs Chambers Westgarth acting as legal adviser.
Stonepeak Credit, the credit investing arm of Stonepeak, specializes in infrastructure and real assets with approximately A$121.1 billion (USD$79.9 billion) of assets under management. Its focus is on credit investments across critical infrastructure sectors, providing essential services with downside protection and visible revenue generation. Stonepeak Credit aims to offer flexible capital solutions while generating cash yield through senior secured credit investments.
Headquartered in New York, Stonepeak has offices across the globe, including Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, visit www.stonepeak.com.
Contacts:
- Kate Beers / Maya Brounstein: corporatecomms@stonepeak.com, +1 (646) 540-5225
- Jack Gordon: jack.gordon@sodali.com, +61 478 060 362
Important Notices:
The Stonepeak-Plus Infra Debt Limited (ACN 692 150 253) is the issuer of the Stonepeak-Plus INFRA1 Notes, which are unsecured, deferrable, redeemable, and floating-rate notes. The offer of these notes is made by a prospectus available at stonepeakplus.com.au/INFRA-1. It is crucial to read the prospectus and consider your investment objectives and the target market determination (TMD) before making any decisions. No cooling-off rights apply to investments in these notes.
The issuer has appointed EQT Australia Pty Ltd (ACN 111 042 132) as the authorized intermediary to make offers and arrange the issue of notes under the prospectus. Stonepeak-Plus Infra Debt Management Pty Ltd (ACN 691 462 067) provides investment management and other services to the issuer.
Please note that the issuer is not licensed to provide financial product advice regarding the notes. The information provided is general in nature and has not been tailored to your personal objectives, financial situation, or needs. It is important to consider the appropriateness of the information and seek professional advice before acting.
Past performance is not an indicator of future results. Investments in the notes carry investment risks, including possible delays in payment and loss of interest or principal. The notes and their performance are not guaranteed by any member of the Stonepeak Group or any other party. The notes are not bank deposits.
The material provided has not been independently verified, and no reliance should be placed on its accuracy, fairness, correctness, or completeness. To the fullest extent permitted by law, the issuer, the manager, the authorized intermediary, and any other member of the Stonepeak Group, along with their respective associates and employees, shall have no liability for any loss arising from the use of this material or otherwise in connection with the information.
A minority part of the portfolio is expected to comprise other debt investments unrelated to infrastructure, as detailed in the prospectus. The above AUM figure is as of June 2025, inclusive of subsequent committed capital. Certain investments are pending close, and there is no assurance that they will close or that they will close on the currently agreed terms. The AUM, employee, and investment information relate to the Stonepeak Group and not the issuer.
Are you ready to explore this exciting opportunity in infrastructure debt? Share your thoughts and opinions in the comments below! We'd love to hear your perspective on this innovative financial product.
