8th Jun 2021 17:47
Foresight Group Holdings Ltd - infrastructure and private equity investment manager - Announces a further interim close for Foresight Energy Infrastructure Partners, a sustainability-led energy infrastructure fund investing predominantly in Europe, having secured total Fund commitments of around EUR716 million. Including co-investments to date of EUR170 million, this represents a total capital pool of EUR886 million for Foresight's energy transition strategy.
"This latest FEIP close shows once again that investor appetite for Foresight's sustainability-led strategies is continuing to grow, while a strong pipeline of potential investment targets has also been supporting the fundraising process. The FEIP team led by Portfolio Managers Dan Wells and Richard Thompson are making excellent progress towards our objective of ensuring that FEIP becomes a leading platform in capturing opportunities from the evolving transition to a decarbonised energy infrastructure system in Europe, North America and Australia," says company.
Current stock price: 420.00 pence
Year-to-date change: down 8.7% since February 4
By Greg Roxburgh; [email protected]
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