TortoiseEcofin launches Ecofin US Renewables Infrastructure Trust with US$125mn initial commitment
TortoiseEcofin, previously known as Tortoise Capital Advisors, has launched a new infrastructure fund that focuses on renewable energy and sustainability investments.
The Ecofin US Renewables Infrastructure Trust will focus on mixed renewable energy and sustainable infrastructure assets with an emphasis on wind and solar energy investments in the US. The fund is trading publicly on the London Stocks Exchange and its initial public offering (IPO) has raised US$125 million of commitments.
TortoiseEcofin's IPO was counseled by Norton Rose Fulbright. The fund is the first open-ended fund of TortoiseEcofin in London.
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