Fundraising

The energy transition-focused fund manager has deployed roughly 60% of Infragreen IV and plans to launch Fund V, for which it will link carried interest to ESG objectives, next spring.

Stonepeak’s Global Renewables Fund, which has invested $800m to date, seeks to focus on developed markets with stable regulatory frameworks.

Infra Debt II, which is targeting €750m, has been launched alongside a separate junior debt fund.

Dai-ichi Life, Standard Chartered, MUFG and a fourth LP have committed $137.5m to the blended finance vehicle, targeting emerging markets climate infra.

Vortex Energy IV, which is targeting $700m, is looking to invest across the energy transition spectrum in Europe, North America and Australia.

The fund, which is believed to be targeting about €500m, is set for a first close before the end of the year.

The firm also raised another €400m for two co-investment vehicles that will invest in Vauban's €6bn digital platform and a Spanish PPP portfolio.

PEP hopes to launch a second iteration of its successful Secure Assets Fund before the end of the year, once the initial fund has been fully deployed.

Antin Infrastructure Partners Mid Cap I, which began fundraising at the beginning of this year, was originally targeting €1.5bn.

The Danish fund manager has already invested in five greenfield projects through CI ETF I, including a green hydrogen project in Australia and a 1GW electrolysis plant in Denmark that will produce green ammonia.