Rockland raises $352m for second fund
Rockland Capital has raised $352 million for its Rockland Power Partners II,according to a filing with the SEC. The North America–focused infrastructure fund has a $425 million fundraising goal. The firm aims to hold a final close by the end of the year.
Rockland Capital, a private equity firm founded in 2003, is focused on the acquisition, optimization and development of companies and projects in the North American power sector. Recently, the firm purchased the Elgin, Gibson City and Grand Tower gas-fired energy centers from AmerenEnergy Medina Valley Cogen. In addition, the firm manages Rockland Power Partners, which closed in 2010 with $333 million, and Rockland Capital Energy Investments.