London CIV first close for LCIV Infrastructure Fund
The UK-based investment management company, London LGPS CIV Limited has launched its fourteenth fund, LCIV Infrastructure Fund.
The first close for the fund took place on 31 October 2019; the fund has been seeded by the company's six of its London Borough Pension Funds, with initial commitments of GBP399 million (US$514.31 million).
The LCIV Infrastructure Fund’s initial investment will be to a renewable energy fund; investments will be in renewable technologies such as onshore and offshore wind and solar across core geographies with a focus on Europe. London CIV is partnering with StepStone, who will support investment selection, portfolio construction, and reporting services.
LCIV Infrastructure Fund will continue to develop and launch products to augment its current fund offering and to introduce alternate asset classes to its platform.
Country updates
-
-
November 05, 2019
BIG Group opens waste wood gasification plant in Ince
The Bioenergy Infrastructure (BIG) Group has officially opened a waste wood gasification plant in Ince, Cheshire. The plant was handed over to BIG in 2018, before it becomes fully operational in Marc...
Read more -
November 05, 2019
KKR closes European Fund V with EUR5.8bn commitment
KKR, a leading global investment firm, has reached the final closing of European Fund V, an EUR5.8 billion (US$6.423 billion) fund focused on private equity-related transactions in the core mark...
Read more -
November 05, 2019
ABB wins converter systems supply contract for 3.6 GW Dogger Bank offshore wind power complex in the North Sea
ABB has been selected by energy companies SSE Renewables and Equinor to supply its high-voltage direct current (HVDC) Light converter systems to connect the world’s largest offshore wind farms i...
Read more -
November 05, 2019
SIMEC Atlantis buys Green Highland Renewables
Atlantis has announced the acquisition of the Green Highland Renewables project development, asset management, operation and maintenance business (GHR) from SIMEC Energy. GHR is a profitable business...
Read more -
November 05, 2019
Nexans secures cable supply contract for 1,075 MW Seagreen offshore wind project in the Firth of Forth
Nexans has been appointed by SSE as the preferred supplier to design, manufacture and install the onshore and offshore export cables for the Phase 1 development of the Seagreen offshore wind farm proj...
Read more
