Alcazar Energy Partners Secures $490 Million for Second Renewables Fund
Alcazar Energy Partners has reached financial close, totaling $490 million, for its second renewable energy fundAlcazar Energy Partners has reached financial close, totaling $490 million, for its second renewable energy fund.
PV Magazine International 12:53 pm on May 23, 2024
Alcazar Energy Partners, an emerging market infrastructure fund, secured $490 million for its second renewable energy initiative. Focusing on over 1.6 GW of clean energy projects in the western Balkans and beyond, it targets reducing greenhouse gas emissions by 3 million tons annually post-operation. The portfolio includes two operational wind farms.
- Funding Amount: $490 million raised for second renewable energy initiative.
- Project Scale and Location: Over 1.6 GW in emerging markets, including Balkans; two operational wind farms included.
- Greenhouse Gas Mitigation: Expected to reduce emissions by over 3 million tons per year post-operation.
- Investor Demographics: North America, Europe, Middle East, Asia with notable contributions from banks and international financial institutions.
- Managing Partner Statement: Daniel Calderon emphasizes the fundraising's significance as a vote of confidence in their expertise to lead clean energy projects.
https://www.pv-magazine.com/2024/05/23/alcazar-energy-partners-secures-490-million-for-second-renewables-fund/