Starwood Energy Group Global, a Greenwich, Conn.-based private investment firm focused on energy infrastructure projects, has launched a second energy infrastructure fund, Starwood Energy Infrastructure Fund II, according to a filing with the Securities and Exchange Commission. The closed-end fund has a $1 billion fundraising goal. A final close date was not disclosed.
Starwood Energy pursues attractive risk-adjusted returns from both opportunistic acquisitions and development-stage funding of energy infrastructure assets. Starwood Energy also targets both greenfield and brownfield development opportunities where it can add value through its development and financial expertise.
Starwood Energy Group Global closed Starwood Energy Infrastructure Fund I in 2008 with total capital commitments of $433 million, exceeding the $400 million target established for the fund. It invests in generation and t