PosiGen captures second funding commitment of $150m from Brookfield
Investors - MAY 17, 2024

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PosiGen captures second funding commitment of $150m from Brookfield

by Kali Persall

PosiGen, a U.S. provider of renewable energy and energy-efficiency solutions for underserved communities and a certified public benefits corporation (PBC), has received a new $150 million investment from a direct lending infrastructure fund managed by Brookfield Asset Management.

Brookfield and PosiGen began working together in 2023. This second phase of investment will increase total funding to $400 million for providing clean energy to and reducing energy burdens in underserved communities in the United States.

“We are delighted to extend our partnership with PosiGen,” said Hadley Peer Marshall, managing partner, co-head of Brookfield’s infrastructure debt and structured solutions businesses. “With the increase of our commitment, we look to advance PosiGen’s growth in delivering solar and meaningful savings to more households in the U.S. This partnership is a great example of our strategy to invest in high-quality infrastructure businesses that are leading

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