Asset management firm Capital Dynamics will use a $1.2 billion fund to acquire more clean-power plants. Investors in the Clean Energy and Infrastructure VII JV LLC fund include Dutch asset manager APG, the California State Teachers’ Retirement System and a unit of Abu Dhabi Investment Authority.
Capital Dynamics, one of the major players in the clean energy investment sector, manages 2.3 gigawatts of solar assets. It plans to use its latest fund towards investing in U.S. renewables within the next 18 months.