KGAL has announced the first closing of its core plus European renewable fund ESPF 4. With €255 million (US$294 million) of committed equity, the Luxembourg-based SICAV-SIF vehicle has attracted large commitments from four major European institutional investors.
Funds & Investments News
Copenhagen Infrastructure Partners’ new fund Copenhagen Infrastructure III has reached its third close with total commitments reaching €1.9 billion (US$2.2 billion), after only 4 months of fundraising.
iCON Infrastructure has announced the first and final closing of a new €1.2 billion (US$1.37 billion) fund, iCON Infrastructure Partners IV.
BaltCap, the largest private equity investor in the Baltic region, has launched BaltCap Infrastructure Fund (BIF) with the planned size of €100 million (US$114 million).
GE Energy Financial Services, the energy investing unit of General Electric, has raised the largest solar energy fund in Japan to invest in Japanese solar power projects.
Climate Fund Managers (CFM) has announced the first close of Climate Investor One (CIO), at US$412 million.
Omnes Capital has announced the final closing of its Capenergie 3 fund for a total amount of €245 million (US$280 million). The third-generation fund, dedicated to European renewable energy infrastructure investments, has exceeded its target size of €200 million (US$228 million).
Tages Capital SGR has announced the final closing of Tages Helios Investment Fund with committed capital of €253 million (US$287 million).
InstarAGF Asset Management and AGF Management have announced the final closing of the InstarAGF Essential Infrastructure Fund with US$740 million in aggregate equity commitments from institutional and high net worth investors from Canada, Europe, the United Kingdom and United States.
South Dakota Investment Council (USA), has invested US$35 in Blackstone Energy Partners II (BEP II), an energy fund managed by Blackstone Group.
North Sky Capital has announced the closing of two investment funds at US$300 million.
Octopus Investments Limited, the specialist alternatives manager has announced the successful close of the energy fund Renewable Energy Income Partnership at c.£300 million.
Tages has announced the third closing of Tages Helios with an additional €55 million (US$60 million) committed to its property alternative investment fund, which focuses exclusively on the Italian photovoltaic sector.
EIG Global Energy Partners (EIG) has announced the final close of Global Private Debt Fund (GPF IV), a continuation of the firm’s platform for energy and infrastructure credit and direct lending.
First State Investments has announced its European Diversified Infrastructure Fund II completed its first fundraising series reaching its target of €700 million (US$767 million) from global institutional investors.
First Infrastructure Capital Advisors, a subsidiary of Quanta Services, held a US$750 million first close on its debut fund, First Infrastructure Capital.
The Brazilian Development Bank (BNDES) through its investment subsidiary BNDESPAR has selected Vinci Partners to manage its BRL-500 million (US$162.9 million) sustainable energy fund.
Greenko Energy Holdings (Greenko), an Indian renewable energy company, has announced the signing of definitive agreements for a primary equity raising of US$155 million from an affiliate of GIC and an entity that is ultimately wholly-owned by the Abu Dhabi Investment Authority (ADIA).
New Energy Capital Partners, LLC (NEC), an alternative asset management firm focused on debt and equity investments in small- and mid-sized clean energy infrastructure projects and companies, has announced that it held a final closing for the New Energy Capital Infrastructure Credit Fund with total capital commitments of US$325 million.
The SUSI Energy Storage Fund (SESF) has reached a first closing of €66 million (US$70 million).