Energy Capital Partners (ECP) has held a final close for its fifth flagship equity strategy, ECP V, with total capital commitments of $4.4 billion.
ECP exceeded its initial $4.0 billion target for Fund V by 10 percent and also raised an additional $2.3 billion of co-investment capital, reflecting the strong and continued support for ECP’s flagship equity strategy.
Commitments to Fund V were secured from a broad mix of existing and new investors across the globe, including public and private pensions, insurance companies, asset managers and family offices.
Fund V will continue ECP’s cycle-tested investment strategy of transforming attractive and growing companies in power generation, renewable and storage assets and critical sustainability and decarbonization infrastructure. Earlier today, ECP announced the $2.6 billion (equity value) take-private of Atlantica Sustainable Infrastructure plc, a diversified renewable and power platform with assets located prima