North Sky Capital has announced the closing of two investment funds at US$300 million.
Funds & Investments News
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).
NEPAD-IPPF and ECOWAS PPDU discuss collaboration to strengthen infrastructure project preparation in West Africa
The New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) hosted by the African Development Bank (AfDB) held discussions with the Infrastructure Project Preparation and Development Unit (PPDU) of the Economic Community of West African States (ECOWAS) based in Lomé, Togo, with a view to strengthening collaboration on the preparation of regional infrastructure projects in West Africa. The two institutions agreed to conclude an Operational Memorandum of Understanding (MOU) to underpin their cooperation.
Conquest has completed an initial close for its renewable power fund (Conquest Renewable Yield Europe), with €115 million (US$124 million) as a result from solicitations and commitments from European institutional investors, including insurance companies, pension funds, banks, and global energy corporates.
Eiffel Investment Group and European Investment Bank (EIB) have announced the launch of the Eiffel Energy Transition fund with the support of a number of leading institutional investors.
Copenhagen Infrastructure Partners (CIP) has initiated the fundraising process for its new fund, Copenhagen Infrastructure III, which will now be open for investor subscription.
IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), have invested a combined US$100 million in Orazul Energy Partners LLC, an affiliate of Orazul Energy Holdings LLC, an energy platform in Latin America owned by I Squared Capital.
Sofinnova Partners, a Paris, France-based venture capital firm specialized in life sciences, held the first closing of its latest fund, Sofinnova Industrial Biotech I (Sofinnova IB I), at €106 million (US$112,7 million).
Actis has announced that it has reached final closing on its fourth energy fund Actis Energy 4 (AE4) with commitments hitting a hardcap at US$2.75billion.
Iona Capital, through its North West Environmental Infrastructure Fund and through Iona Environmental Infrastructure Funds 1 and 2, has committed £130 million (US$158 million) of investment into new and existing environmental infrastructure projects in the UK’s Northern Powerhouse.
EQT has announced that its third fund for infrastructure investments, EQT Infrastructure III, has been closed at the hard cap of €4 billion (US$4.2 million).
Infranode has announced the closing of its second investment round. The Infranode I investment platform raises SEK1.9 billion (US$213 million) dedicated to essential infrastructure investments in the Nordics.