Starwood Energy Group Global has held a final closing for its latest fund, Starwood Energy Infrastructure Fund III (SEIF III), with total capital commitments of more than $1.2 billion.
SEIF III will continue the strategy employed by the firm’s predecessor funds Starwood Energy Infrastructure Fund (SEIF I) and Starwood Energy Infrastructure Fund II (SEIF II) of acquiring anddeveloping power generation, transmission and other energy infrastructure projects in energy-constrained markets throughout North America.
Himanshu Saxena, CEO of Starwood Energy Group, said: “We are delighted and grateful for the strongsupport we have received from leading global energy and infrastructure investors and look forward to delivering value for them. The rapidly evolving fundamentals of the North American energy markets provide significant value-add opportunities for private capital investment and we are excited about the future ahead.”
SEIF III’s investor composition includes sovereign wealth funds, pension funds, banking groups, insurancecompanies, fund of funds and family offices with geographic representation from across North America, Europe and Asia Pacific.
