Generate Capital has raised more than $1 billion in capital from major infrastructure investors, including AustralianSuper, QIC, Railways Pension and Swedish pension fund AP2.
The San Francisco–based firm builds, owns, operates and finances sustainable infrastructure for companies, governments and communities. Over the past five years, Generate has built more than $1 billion in sustainable infrastructure assets across the energy, waste, water and transport markets. The firm said it plans to use the capital to scale its renewable, sustainable infrastructure fleet.
“As cities, municipalities and corporations increasingly prioritize the undeniable economic benefits of sustainability and decarbonization, Generate has a critical role to play in the market ....” said Scott Jacobs, co-founder and CEO of Generate. “... We are working with the leading pioneers to bring about an infrastructure revolution, one that is democratized, digitized, decentralized and decarbonize
