New Energy Capital Reaches Final Close on Credit Fund
New Energy Capitalhas reached final close on its second infrastructure credit fund at its hard cap.
The New Hampshire-based firm raised $500 million with New Energy Capital Infrastructure Credit Fund II, $100 millionabove its initial target. It achieved a 100% re-uptake rate and was oversubscribed.
The firm will invest the funds across North America in solar, wind, energy efficiency, energy storage and water infrastructure businesses and projects.
The fund w...