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Laxman Pai, Opalesque Asia: Quinbrook Infrastructure Partners, a specialist global investment manager, has raised $3 billion for its latest and largest-to-date renewable energy-focused investment pool, with backers from Nordic countries compensating for a lower appetite shown by U.S. investors.
The global investment manager focused exclusively on the infrastructure needed for the energy transition and wrapped up its Net Zero Power Fund (NZPF) with roughly $2 billion in commitments and $1 billion for co-investment vehicles.
Investors from Denmark, Finland, Norway, and Sweden accounted for roughly a third of the capital raised, while capital raised in the U.S. and Canada represented 12%, less than what the firm had expected, according to a media release from the private equity firm.
"We seek higher 'value add' returns from infrastructure opportunities offered by the energy transition that enable us to secure long-term contracted revenues from top-tier customers," said David Scaysbrook, Quinbrook's Co-Founder and Managing Partner.
"We have demonstrated a consistent ability to move early into highly prospective sectors whether it be mega scale solar+storage projects, sustainable infrastructure solutions for hyperscale data centers, AI optimization of battery storage, or synchronous condensers for critical grid support where in each case we are staying 'true to label' as a specialist infrastructure investor and manager," David added.
NZPF's strategy p...................... To view our full article Click here
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