Cube Infrastructure Managers has announced the final close for Cube Infrastructure Fund III after raising €1.35 billion ($1.45 billion), with additional co-investment commitments of around €150 million ($161 million). This is Cube’s largest fund since the firm’s inception in 2007. Similar to previous vintages of the Cube Infrastructure Fund series, Cube III is focused on making investments in the European brownfield infrastructure sector.
At this time, the fund has already invested close to €700 million ($750 million) in 11 assets, including energy-transition companies ENETIQA, Norsk Vannkraft and GRECO; data center operators firstcolo and GleSYS; waste management companies Sepur and RiverRidge; transport logistics platforms Dispam and Müller Transporte; and EV charging network operators Kople and Stations-e. Recently, Cube also acquired the leading waste collection provider in Scandinavia,