Alcazar Energy Partners reaches final close for renewable energy fund
Alcazar Energy Partners reaches final close for renewable energy fund
Alcazar Energy Partners II has reached a final closing of $490 million.
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Alcazar Energy Partners II (AEP-II), a Luxembourg domiciled sustainable infrastructure fund focused on utility-scale renewable energy projects in emerging markets, has reached a final closing of $490 million, attracting capital from investors in North America, Europe, the Middle East and Asia.
Since first closing in November 2022, the fund has attracted eight additional investors such as the US International Development Finance Corporation.
Daniel Calderon, co-founder and managing partner said: “We are excited to announce the final close of AEP-II, welcoming blue-chip public and private infrastructure investors. Such a fundraising effort, in otherwise challenging market conditions, is a huge endorsement of the strength of our offering and a vote of confidence in our ability to lead the development of clean energy projects in emerging markets. With this fund, we are well positioned to continue investing in essential renewable energy projects that advance the energy transition in places that are historically underserved by the traditional investment community.”
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