Brookfield Raises $20 Billion for Record Transition Fund
Global alternatives investor Brookfield announced the final institutional close for its flag energy transition strategy, Brookfield Global Transition Fund II, with $20 billion raised in fund commitments and strategic capital from a diverse range of existing and new investors. BTGF II exceeded its target and the record set by its predecessor to become the world’s largest private fund dedicated too the transition to clean energy.
Nuveen Sustainable Commercial Real Estate Lending Fund raises $785M
Investment manager Nuveen, and its sustainable commercial real estate financing solutions business Nuveen Green Capital (NGC), announced that it has raised $785 million in new capital commitments to Nuveen C-PACE Lending Fund III, aimed at enabling insurance investors to finance energy efficiency and sustainability projects for commercial real estate.
Achmea IM launches new private equity impact fund
Netherlands-based insurance and financial services company Achmea’s investment unit, Achmea Investment Management announced the launch of “Achmea IM PE Partnership Fund – Healthy People & Planet 2025,” a new private equity fund aimed at investing in key impact themes including climate, biodiversity, healthy nutrition and good health. Achmea said that it has set a €250 million (USD$292 million) target size for the new fund, and has already received capital commitments of €225 million towards the fund’s first close.
APG invests $640m in Octopus’ Australian renewables
Octopus Australia, a renewable energy fund manager, has announced a major collaboration with Dutch pension asset manager APG Asset Management (APG). This partnership involves APG committing over A$1 billion (US$640 million) to Octopus Australia’s flagship renewable energy platform, OASIS. The deal is expected to accelerate the growth of Octopus Australia’s platform, which includes a pipeline of utility-scale solar, wind, and battery storage projects.
NBIM Invests $1.5 Billion in Brookfield’s Energy Transition Fund
Norway's $2 trillion sovereign wealth fund, the world's largest, announced it has committed $1.5 billion to invest in a Brookfield Asset Management (BAM) energy transition fund. The agreement enables the Norwegian fund to invest in projects that develop renewable energy infrastructure while also supporting the broader transition to low-carbon solutions.
Generate Capital invests $100M to Expand Soluna’s Green Data Centres
Green data centre developer Soluna Holdings announced that it has secured a $100 million scalable credit facility from sustainable infrastructure investor Generate Capital, providing financing to support Soluna’s pipeline of clean data centres. The initial $12.6 million draw will fund refinancing and construction of active data centres projects, with additional capital support for Soluna’s 1 gigawatt and expanding pipeline.
Singapore Raises Over $500 Million for Green Infrastructure Blended Finance Fund
The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced the first close of the Green Investments Partnership (GIP), raising $510 million in commitments for the blended finance partnership aimed at investing in green and sustainable infrastructure opportunities in Southeast and South Asia.
M&G launches €300m impact debt strategy backed by Dutch pension fund
M&G Investments (M&G) has launched a €300 million impact-focused private debt strategy on behalf of Dutch pension fund, Pensioenfonds KPN. Through the expertise of M&G’s €90 billion Private Markets division, the SFDR Article 9-classified fund will provide corporate loans to businesses committed to generating positive environmental and social outcomes in the key areas of Climate & Biodiversity, Technology and Responsible Production & Consumption - themes which are closely linked to a number of UN Sustainable Development Goals.
NextEnergy adds 73MW agriPV project to renewables fund
NextEnergy Capital has announced the acquisition of a 73MW advanced agrivoltaic solar development in the Campania region of Italy, representing the country’s largest AgriPV project to date. This acquisition marks the most substantial investment so far by the NextPower V ESG fund within Italy, with the investment vehicle having secured $843 million in total commitments equating to a total fund committed capacity of 670MW.
LifeSight makes £450m commitment to Schroders Greencoat renewables fund
One of the UK’s largest Defined Contribution master trusts has committed £450m to the Schroders Greencoat Global Renewables+ LTAF – a major clean energy investment. The fund focuses on renewable energy projects such as wind and solar, as well as wider energy transition infrastructure assets including large-scale batteries, energy-efficient heat networks, and green hydrogen projects.
IFC investment boosts responsAbility climate fund
M&G’s impact investing unit, responsAbility Investments, has announced that it has secured over $414 million in commitments for its Asia Climate Strategy. This initiative is designed to contribute actively to CO2 reduction across Asia by investing in low-emission technologies. The latest funding round included a $50 million investment from the International Finance Corporation (IFC), a member of the World Bank Group.
BlackRock's GIP to take stake in Eni's carbon capture business
U.S. asset manager BlackRock's infrastructure fund GIP has agreed to buy a 49.99% stake in Eni's carbon capture and storage business (CCUS). Eni CCUS Holding encompasses several large-scale European CCUS projects aimed at decarbonizing industrial clusters, including the UK-based Liverpool Bay project underlying Hynet and Bacton, each targeting 10 million tonnes annually by 2030. It also has future rights to acquire Italy's carbon capture project in Ravenna, which Eni has launched together with Italian gas grid company Snam.
