Energy Transition Monthly: Green fundraising bloomed in 2023
Infrastructure Investor
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Energy transition funds were a bright spot, with products on offer increasingly capturing the sector’s depth.
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We often wrote last year that the #energytransition was a bright spot during what became one of the most challenging years in recent memory, particularly on the fundraising front . But just how much of a bright spot was it, really? Pretty bright, as it turns out.
While we are still compiling final fundraising figures for 2023, a look at Infrastructure Investor’s live fundraising chart functionality allows for a few quick, back-of-the-envelope calculations.
Out of some $83 billion raised in total by unlisted, closed-end infrastructure funds, energy-transition-focused vehicles accounted for roughly $23 billion – or around 28 percent – of that amount. That was raised across more than 20 funds, with the total number of vehicles closed in 2023 currently standing at 68.
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