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Energy - NOVEMBER 12, 2021

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Energy Impact Partners closes Fund II at more than $1b

by Kali Persall

Energy Impact Partners (EIP) has achieved a final close on its latest Flagship Fund, with more than $1 billion in capital commitments.

The fund brings together strategic and financial investors across the utility, energy, real estate, mobility and industrial sectors that are accelerating progress toward net-zero greenhouse-gas emissions. The investor base includes Alliant Energy, Cox Enterprises, Duke Energy, EDF Group, FirstEnergy Corp., Hawaiian Electric Industries Inc., Microsoft, Portland General Electric Company, and TC Energy Corp., among others.

Fund II has already made significant investments in more than a dozen promising technology companies.

“We are thrilled to bring together an even larger coalition of utilities and industrials focused on creating a sustainable future,” said Hans Kobler, founder and managing partner of EIP. “Tackling climate change is a major challenge and opportunity that can only be solved by working together.”

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