Twitter LinkedIn
    Friday, February 3
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Funds»US private equity player closes $1.2 billion energy transition fund
    Funds

    US private equity player closes $1.2 billion energy transition fund

    May 7, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    US private equity firm EnCap Investments has successfully closed its first energy transition fund, with commitments of about $1.2 billion.

    EnCap, which has traditionally specialised in oil and gas, created the fund to invest in companies aimed at advancing the energy transition in the US, with a focus on creating wind, solar and energy storage enterprises.

    It confirmed this week the fund had already deployed capital in five platform investments in the energy transition space, involving Broad Reach Power, Catalyze, Jupiter Power, Solar Proponent and Triple Oak Power.

    “With the support of our investors, we have been able to establish five enterprises that are supporting the transition of the power grid, and their early progress is exceeding our expectations,” said EnCap energy transition managing partner Jim Hughes.

    Read More

    Source: UpStream

    By Josh Lewis

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Fund PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Carlyle targeting $1.6B for second renewables fund

    November 18, 2022

    Comments are closed.

    Other Articles

    SK Capital to sell Niacet for over USD1bn

    June 22, 2021

    Thoma Bravo Completes Acquisition of Proofpoint

    September 1, 2021

    Private equity investors fret over record U.S. buyout prices

    March 17, 2021

    Silver Lake-backed HR platform provider First Advantage files for a $100 million IPO

    May 29, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?