Generate Capital, a company that builds, owns, operates and finances sustainable infrastructure, has raised more than $1 billion in funding for its renewable fleet.
New investors include major institutions focused on infrastructure, including AustralianSuper, QIC, Railways Pension and Sweden’s AP2.
“At Generate, we are working with the leading pioneers to bring about an infrastructure revolution, one that is democratized, digitized, decentralized and decarbonized,” said Scott Jacobs, co-founder and CEO of Generate. “This transition requires an entirely different type of company committed to rebuilding the world.”
In addition, Richard Kauffman, former New York State Energy Czar and current chairman of the New York State Energy Research and Development Authority, has been named chair of the board, and Lynn Jurich, co-founder and CEO of Sunrun, has joined the Generate board of directors. AustralianSuper’s Derek Chu, senior investments director, infrastr
