True Green Capital Management (TGC), a renewable energy infrastructure private equity fund manager, announced the final close of True Green Capital Fund IV, with more than $660 million.
The fund's limited partners include a group of bellwether investors from primary segments of the institutional market, including U.S. public and corporate pension plans, a Dutch pension plan, U.S. and U.K. insurance companies, endowments, foundations, global-asset managers, wealth managers, fund of funds and family offices.
With an 11-year track record, TGC invests in distributed, commercial and industrial (C&I) solar power-generation projects, batteries, and microgrids in the United States, with an increasing focus in the United Kingdom and the European Union. Since 2011, TGC has deployed more than $1.2 billion of total capital representing a 520-megawatt portfolio across 14 U.S. states. TGC's existing investment portfolio consists of commercial and sub-utility scale solar power pl