Energy Capital Partners is nearing the first close on its maiden mezzanine debt fund. The shop anticipates finishing up the first round of fundraising by year-end, ECP principal Nazar Massouh told PFR on the sidelines of the Platt’s 13th Annual Financing U.S. Power conference in New York. The fund will hit at least $500 million and have an $800 million cap, he said.

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