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New Energy Capital Reaches Final Close on Credit Fund

Jan 30, 2019 - Power, Finance and Risk

--Arran Brown

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...