30th Nov 2016 17:07
LONDON (Alliance News) - Impax Asset Management Group PLC on Wednesday said its subsidiary Impax Asset Management (AIFM) Ltd has raised EUR149 million for its third-party private equity renewable energy infrastructure fund, Impax New Energy Investors III.
As part of the fund raising, Impax has committed to invest EUR4 million.
The fund will focus on investment opportunities in independent power companies and projects in the renewable energy sector in Europe.
Shares in Impax closed up 2.3% at 50.00 pence on Wednesday.
By Karolina Kaminska; [email protected]; @KarolinaAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Impax Asset Management