Paris-based private equity and infrastructure firm Omnes has raised more than EUR1 billion (USD 1.056 Billion) for its Capenergie 5 fund.
This fundraising marks Omnes' largest achievement so far. The firm, managing assets worth EUR5.7 billion (USD6.019 Billion), is on track to reach the EUR1.35 billion (USD1,425 Billion) target for Capenergie 5 by the first half of 2024. Across all its ventures, Omnes has invested EUR2.5 billion (USD2,640 Billion) in over 60 renewable energy companies throughout Europe. The Capenergie 5 project portfolio includes five European renewable energy developers operating in ten countries. Their diverse project pipeline comprises 369 projects in solar PV, onshore wind, and battery storage, with a total capacity of 9.9 GW. Many of these projects, amounting to several hundred MW, are either operational or currently under construction.