Energy Capital Partners (ECP) has secured $3 billion for its fifth flagship fund investing in energy infrastructure, according to The Wall Street Journal.
ECP V has a fundraising target of $4 billion and a $6 billion hard cap.
The fund’s predecessor, ECP Fund IV, closed in 2020 with $3.3 billion in capital commitments and $3.5 billion in co-investment opportunities, bringing the total pool to $6.8 billion. Fund IV focused on infrastructure within the core sectors of natural gas power generation, renewables and storage solutions, midstream and environmental infrastructure, while avoiding the upstream and E&P sectors.
