Capital Dynamics has closed its most recent Clean Energy and Infrastructure fund at €1.2bn.
Investors in the fund, which targets investments in proven technologies such as solar, wind and biomass, include Dutch asset manager APG, the California State Teachers’ Retirement System and a subsidiary of the Abu Dhabi Investment Authority.
All three were primary investors in an earlier CEI fund.
Capital Dynamics manages 2.3GW of solar assets and is one of the largest owners of solar projects in the US, according to the company.
Capital Dynamics head of CEI business John Breckenridge said: “With the close of CEI VII, we will continue to execute our proven investment strategy of investing in high-quality renewable energy generation projects.
“We greatly appreciate the continued confidence of our major investors and are committed to helping them achieve both their investment and ESG [environmental, social and governance] goals.”
Image: Pixabay
Capital Dynamics raises €1.2bn
By EBS