NextEnergy Capital has launched an international solar fund, NextPower V ESG, which is its fifth targeting the sector.
The company is targeting $1.5bn with a $2bn ceiling for the article 9 fund, which will be a ten year closed ended Article 9 fund. Shane Swords, capital managing director and head of investor relations at the company, said the launch follows "significant research into investor interest and the market opportunity". Deepbridge hires life sciences investment specialist NPV ESG will aim for mid double-digit returns from the solar PV infrastructure asset class. It will primarily invest in OECD solar assets and "adjacent technologies" such as energy storage. NPV said that it aims to pr...
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