Sprng Energy, AMPIN, Juniper, ReNew, Avaada Win NTPC’s 1 GW Hybrid Auction

Biofuels Firm GPS Renewables Raises $50 Million in Debt Financing

Solar Auctions Surge by 229% in Q1 2024, Tender Activity Up 122%

Global Wind Installations Reached 1 TW Milestone in 2023

Funding and M&A Roundup: Nexamp Secures $520 Million

Project Finance Brief: Arevon Secures $352 Million for Posey Solar Project

Indian Oil Issues Empanelment Tender for Solar Power Projects

Southern Railway Seeks Bids for 1.2 MW Rooftop Solar Projects in Chennai

Husk Secures $4 Million from Electrifi to Scale up Mini Grids in Rural India

Doubling Transmission Capacity of Existing Grid Through Reconductoring: Report

<p>Capital Dynamics, an independent global asset manager, has announced capital commitments of $1.2 billion for the closing of its Clean Energy and Infrastructure VII JV LLC fund (&#8220;CEI VII&#8221;).</p>
<p>This is a successor fund to CEI V, which held its final closing earlier this year at $1.2 billion. It has now been fully invested in over 1.5 GW of solar projects in the U.S.</p>
<p>Capital Dynamics manages approximately $4.8 billion for its clean energy infrastructure strategy and is the second largest owner of solar projects in the United States, according to the company.</p>
<p>Dutch asset manager APG, the California State Teachers’ Retirement System (&#8220;CalSTRS&#8221;) and a wholly-owned subsidiary of the Abu Dhabi Investment Authority (&#8220;ADIA&#8221;), the three investors in the CEI V vehicle, are the primary equity participants in CEI VII. The fund will be invested in U.S.-based utility-scale renewable generation assets.</p>
<p>&#8220;With the close of CEI VII, we will continue to execute our proven investment strategy of investing in high-quality renewable energy generation projects,&#8221; said John Breckenridge, head of the Capital Dynamics Clean Energy Infrastructure business.</p>
<p>He added, “We greatly appreciate the continued confidence of our major investors and are committed to helping them achieve both their investment and ESG goals. Our highly focused and efficient approach to the sector has led to great success for CEI V and we look forward to continuing to execute our strategy with CEI VII.”</p>
<p><a href="https://mercomindia.com/global-solar-funding-rises-5-3-billion-first-half-2018/" target="_blank" rel="noopener">Recently</a>, the data released by Mercom Capital Group’s <a href="http://store.mercom.mercomcapital.com/product/q2-2018-solar-funding-and-ma-report/" target="_blank" rel="noopener">Q2 2018 Solar Funding and M&amp;A Report</a> found that the total corporate funding, including venture capital funding, public market, and debt financing rose to $5.3 billion in the first half (1H) of 2018 compared to the $4.6 billion raised in 1H 2017. This correlates to a 15 percent increase year-over-year (YoY).</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/nitin/" class="vcard author" rel="author"><span class="fn">Nitin Kabeer</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><p><img class="alignleft wp-image-9822" src="https://mercomindia.com/wp-content/uploads/2018/04/nitin-2.png" alt="" width="99" height="105" /><span style="font-family: Calibri"><span style="color: #000000"><span>Nitin is a staff reporter at Mercomindia.com and writes on renewable energy and related sectors. Prior to Mercom, Nitin has worked for CNN IBN, India News, Agricultural Spectrum and Bureaucracy Today. He received his bachelor’s degree in Journalism &amp; Communication from Manipal Institute of Communication at Manipal University and Master’s degree in International Relations from Jindal School of International Affairs. <a href="https://mercomindia.com/author/nitin/">More articles from Nitin Kabeer</a></span></span></span></p>
</div></div><div class="clearfix"></div></div></div>

Capital Dynamics Closes $1.2 Billion Clean Energy and Infrastructure Deal

calstrs

Get the most relevant India solar and clean energy news.

RECENT POSTS