Fund manager Real Infrastructure Capital Partners (RICP) held a first close for a Latin America-focused renewable energy fund, the firm announced last week.
The fund, known as Latin Renewables Infrastructure Fund, managed to raise $50 million from a group of development institutions including Germany’s DEG, the Netherlands Development Finance Company, the International Finance Corporation, part of the World Bank Group, and the Swiss Investment Fund for Emerging Markets.
Latin America green fund holds $50m first close
Real Infrastructure Capital Partners has managed to raise $50m from a group of development institutions to hold a first close for its Latin Renewables Infrastructure Fund. The latter is targeting a final close of $150m to $200m.