Energy Capital Partners (ECP) raised $6.7 billion in a private equity fund to support energy transition and decarbonization infrastructure assets.
May 28, 2024•over 1 year ago
Amount Raised
$6.7 Billion
Investors
Family OfficesAsset ManagersInsurance CompaniesPublic And Private PensionsExisting And New Investors Across The Globe
Description
Energy Capital Partners (“ECP”) successfully closed its fifth flagship equity strategy, ECP V (“Fund V”), with total capital commitments of $4.4 billion, exceeding its initial $4.0 billion target by 10 percent and raising an additional $2.3 billion of co-investment capital. The fund will continue ECP’s investment strategy of transforming attractive and growing companies in power generation, renewable and storage assets and critical sustainability and decarbonization infrastructure.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers