Foresight sustainability-led energy infra fund hits EUR-787m interim close

Peaceful generation. Author: Gerry Machen.

August 3 (Renewables Now) - Foresight Group Holdings Ltd (LON:FSG) on Monday said it has achieved an interim close of about EUR 787 million (USD 935m) for its Foresight Energy Infrastructure Partners (FEIP) fund.

Including some EUR 170 million secured from co-investors to date, the fund has raised a total of about EUR 957 million. The latest close includes about EUR 71 million in new commitments from investors.

The fund cap has been increased along with an extension of the fundraising period. The final close is expected to be in September.

The fund has invested in two wind projects, an operating wind farm and a waste-to-energy facility so far.

(EUR 1 = EUR 1.189)

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Before joining Renewables Now, Alex was a UK-focused business news reporter. Now she is covering global news from the renewable energy industry with a special interest in M&A.

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