Quinbrook Infrastructure Partners has closed its Quinbrook Valley of Fire Fund with $600 million in capital commitments from leading U.S. and European institutional investors. The firm revealed Blackstone Strategic Partners was the lead investor in the Quinbrook Valley of Fire Fund, and Ares Management Infrastructure Secondaries funds was the cornerstone investor.
“This successful closing underscores Quinbrook’s commitment to impactful renewable-energy project development and new asset creation and its track record of pursuing strategies that seek to optimize returns for investors wanting differentiated exposure to the energy transition,” said Rory Quinlan, co-founder and managing partner of Quinbrook. “The decision to pursue a GP-led secondary transaction reflects our commitment to enhancing value for our LPs, while continuing to support the development of a distinct portfolio of landmark renewables assets,”
The Valley of Fire portfolio is composed of seven