16th Sep 2021 17:46
Foresight Group Holdings Ltd - infrastructure and private equity investment manager - Announces final close for Foresight Energy Infrastructure Partners after securing total commitments of EUR851.4 million, up 70% from the original target of EUR500 million.
Including co-investments to date, this represents a total capital pool in excess of EUR1 billion for the company's energy transition strategy. The fund has made four investments to date, including two construction stage onshore wind projects in Sweden and Finland.
"FEIP's fundraising success highlights the attractiveness of its differentiated strategy and investor recognition of the profound importance of sustainability for the investing landscape," says Foresight Head of Infrastructure Nigel Aitchison.
Current stock price: 395.00 pence, up 4.0%
Year-to-date change: down 14% since February 5
By Dayo Laniyan; [email protected]
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