Tuesday, March 21 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Mar 20
Week of Mar 13
Week of Mar 06
Week of Feb 27
Week of Feb 20
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    NextEnergy Capital launches solar fund targeting USD 1.5bn

    January 17, 2023 - SeeNews Renewables


      January 17 (Renewables Now) - London-based NextEnergy Capital is launching its fifth solar fund, NextPower V ESG, which is seeking to secure commitments of USD 1.5 billion (EUR 1.4bn) with a ceiling of USD 2 billion.

      The new private investment vehicle will invest in solar assets and complimentary technologies such as energy storage in OECD (Organisation for Economic Co-operation and Development) countries with a focus on markets where NextEnergy Capital has experience.

      The fund is successor to the NextPower III ESG vehicle, which launched in 2018 and closed in 2022, raising USD 896 million, including a separately managed account.

      The investment management firm says that a pipeline of around 13 GW has already been identified for the new fund. When fully deployed, it is expected to hold around 3.5 GW of installed capacity.

      (USD 1 = EUR 0.925)


    Other Articles - Utility Business / General


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.