The New Mexico State Investment Council (NMSIC) is considering $150 million of commitments to an infrastructure greenfield fund managed by Sandbrook Capital and a co-investment vehicle.
If approved, NMSIC would place $75 million in Sandbrook Climate Infrastructure Fund I and $75 million in Sandbrook Climate Infrastructure Co-Investment.
The fund will focus on greenfield and brownfield core-plus to value-add energy investments in clean-power generation, transmission and storage, energy use and efficiency, and low-carbon supply chains and services in North America with a meaningful presence in Europe.