DESRI enters in Strategic Financing Relationship with Harbert Infrastructure

D. E. Shaw Renewable Investments (DESRI) has announced that it has entered into a strategic financing relationship with Harbert Infrastructure managed funds, including Gulf Pacific Power, LLC (GPP) and Harbert Infrastructure Fund VI (HIF VI).

Under the arrangement, Harbert will provide DESRI with up to US$400 million of capital to use at DESRI's discretion. This relationship will support DESRI's operations across the renewable energy sector in the USA.

DESRI is focused on owning and managing long-term contracted renewable energy assets in North America and has a portfolio of projects totaling over 6 GW AC of operation, construction and contracted projects.