Fund News

California Public Employees Retirement System (CalPERS) has made a $198.5 million allocation to an infrastructure co-investment vehicle offered by Global Infrastructure Partners, meeting documents show.

Amber Infrastructure Group and Green Impact Partners (GIP) has formed a strategic partnership targeting at least $585 million of projects.

Copenhagen Infrastructure Partners' (CIP) Energy Transition Fund (CI ETF I) has acquired a majority stake in a blue ammonia project in the Gulf Coast alongside Sustainable Fuels Group (SFG).

Infrastructure investor ArcLight Capital Partners has completed the sale of Great River Hydro to Hydro-Québec for approximately $2 billion.

Texas-based North Hudson Resource Partners has launched its inaugural credit fund, North Hudson Energy Credit Partners LP (NH Energy Credit).

Investment fund managers have been rapidly building multi-billion-dollar war chests, and are taking aim at the US power sector.

SUSI Partners has closed on a senior secured funding facility for OBE Power Networks, the Miami-based electric vehicle (EV) charging company.

Lacuna Sustainable Investments has upped its equity investment in renewables developer Bear Peak Power.

Ares Management Corporation has reached final close on its fifth infrastructure fund at around $5 billion.

Andros Capital Partners has closed its second energy fund – Andros Energy Capital II – at its $750 million hard cap.

Alternative asset management firm, Apollo Global Capital, is set to launch an infrastructure credit platform, PFR understands.

EQT is set to acquire Madison Energy Investments (MEI) from infrastructure and real assets fund manager Stonepeak Partners.

Ex-Macquarie Renewables chief executive, Bill Green, has raised more than $1 billion for his investment firm Climate Adaptive Infrastructure (CAI).

Energy Impact Partners' EIP Deep Decarbonization Frontier Fund I LP (Frontier Fund) had closed with oversubscription at $485 million.

BlackRock Alternatives, through a fund managed by its diversified infrastructure business, has agreed to acquire Jupiter Power – a leading operator and developer of stand-alone, utility-scale battery energy storage systems (BESS).

CastleRock Green Energy, the New-York-based renewable energy and infrastructure fund, is preparing a $400 million investment in a pair of biofuel production facilities in the area of Shelton, Washington.

Private equity giant Carlyle has invested $350 million in Aspen Power Partners as the generation platform embarks on an acquisition spree.

Brookfield’s latest flagship investment vehicle Brookfield Infrastructure Partners V has brought in $20.7 billion in commitments to date.

Nightpeak Energy – a new venture for the development of flexible power generation resources including battery storage facilities across the US – has received $200 million in equity funding from Energy Spectrum Capital.

Infrastructure investor SMC Infrastructure Partners (SMC) has taken over an investment platform that specializes in energy transition, environmental impact, resiliency and digitization.