The Carlyle Group has launched a new open-end renewable energy infrastructure fund, targeting assets that are exposed to the energy transition and sustainable resources, according to an SEC Form D filed on Nov. 1.
The global opportunistic fund will target opportunities that include development platforms and/or operating companies that seek capital and operating partners to increase their scale and sophistication, according to The Carlyle Group.
The investment team will seek to partner with management teams or invest in companies and assets with the potential to generate outperformance through a value-creation approach.
The fund launch comes days after the New York–based firm announced that it had dropped out as a stakeholder in Lone Star Ports, which was heading a $1 billion crude oil export project in Texas, according to Bloomberg.
