Actis reaches final close on Actis Energy 5
Actis has completed fundraising for Actis Energy 5 (AE5), exceeding its US$4 billion target. With over US$4.7 billion of fund commitments and significant co-investment, the energy team expects to deploy around US$6 billion of investable capital in this vintage. The fund will allocate capital globally, providing access to power in markets comprising over 80% of the world’s population.
The AE5 fundraise saw sizeable LP re-ups as well as new commitments from a diversified investor base. The LP base includes pension funds, insurance companies, endowments, sovereign wealth funds, and other investors from across the globe. The fundraising was conducted entirely during the global pandemic.
Country updates
-
-
October 13, 2021
Octopus Energy divests minority stake to Generation Investment Management
Octopus Energy Group has announced a major strategic partnership with Generation Investment Management, a firm established in 2004 to back businesses driving sustainability and the fight against clima...
Read more -
October 12, 2021
Greencoat commissions 45 MW Douglas West wind project in Lanark
Greencoat UK Wind has commissioned the 45 MW Douglas West wind farm in Scotland. It is the company's first subsidy-free asset in its portfolio. Douglas West, located southwest of Lanark, features 13...
Read more -
October 11, 2021
GIG, TotalEnergies, RIDG bid for 2 GW West of Orkney Windfarm
A consortium of Macquarie’s Green Investment Group, TotalEnergies, and Scottish developer RIDG has announced its bid for an offshore wind project west of the Orkney Islands, UK. The proposed 2 G...
Read more -
October 06, 2021
Statkraft reduces number of turbines for wind project in Shetland
Statkraft AS has submitted its revised design for the proposed wind farm project in the Shetland Islands to the Scottish Government, UK. The latest revision has the fewer amount of turbine...
Read more -
October 05, 2021
SSE Renewables combines Berwick Bank and Marr Bank offshore wind into one 4.1 GW project
SSE Renewables, a unit of energy company SSE Plc, has combined its Berwick Back and Marr Bank offshore wind projects, formerly called Seagreen 2 and 3, into one mega project- Berwick Bank Wind Farm. T...
Read more
