Fund News

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.

Harbert has hit a final close on its latest infrastructure fund, securing $905 million - including co-investment commitments - which will focus on North American power and renewable energy assets.

Impax Asset Management and power producer BNRG have partnered on the delivery of more than 1GW of solar energy projects – with an initial focus on the US and Ireland.

Ember Infrastructure has held final closing of its debut Ember Infrastructure Fund I with over $340 million of capital commitments to invest in the energy transition and resource efficiency sectors.

Darby International Capital has requested an equity investment from development finance institution IDB Invest for its new green fund.

True Green Capital, a renewable energy private equity fund manager, has reached final close on its fourth capital fund, raising more than $650 million.

Corporación Interamericana para el Financiamiento de Infraestructura (CIFI) has received a $25 million loan from the OPEC Fund for International Development.

Arkansas Teachers Retrieement Systems has made a top up commitment of $25 million to KKR & Co's Diversified Core Infrastructure Fund (DCIF).

Infrastructure investment manager I Squared Capital has closed its ISQ Global Infrastructure Fund III at the $15 billion legal cap, exceeding an initial target of $12 billion.

Hull Street Energy has closed its second institutional fund, Hull Street Energy Partners II, having met its hard cap of $1.25 billion.

Investment firm KKR & Co has reached final close on its Global Infrastructure Investors IV fund, raising $17 billion for the vehicle.

Greenbacker Capital Management has reached final close on its Greenbacker Development Opportunities Fund I at $142 million, nearly reaching its $150 million hard cap.

New York Stock Exchange-listed Kayne Anderson Energy Infrastructure Fund has obtained a $200 million unsecured revolving credit facility.

The Latin America-focused Ashmore Andino III Fund has held a first close at COP664.15 million ($168 million).

Pomerlau Capital, the infrastructure financing arm of Canadian construction company Pomerlau, has launched a North American renewables and infrastructure-focused fund.