Foresight Group has completed a second close for Foresight Energy Infrastructure Partners (FEIP) €430 million ($529 million) in equity commitments, including co-investments, representing a total capital pool of more than €600 million ($738 million).
The second close added new investments from Swedish postal service investment manager Postens Pensionsstiftelse, as well as a U.S.-based institutional investor.
“FEIP remains on track to become one of the leading platforms designed specifically to capture opportunities from the evolving energy infrastructure sector in Europe,” said Dan Wells and Richard Thompson, partners at Foresight. “We believe the sector is poised for significant growth given the well-publicised E.U. support for green recovery and the accelerating global transition to decentralized, digitized and decarbonized networks.”
FEIP’s investment strategy was formulated to achieve specific decarbonization objectives in line with the Paris Cl