Aug
10
True Green Raises $350 Million for Commercial, Industrial Solar
By-
Contributors include endowments, foundations, insurers
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Asset manager has invested in military housing projects
True Green Capital Management LLC, an infrastructure asset management firm with more than $500 million under management, raised $350 million for commercial and industrial solar investments.
The Westport, Connecticut-based asset manager closed True Green Capital Fund III on June 30, Managing Partner Panos Ninios said in an interview. The fund was oversubscribed, attracting endowments, foundations, fund-of-funds, family offices and insurance companies. It also attracted more capital than True Green’s two previous solar-focused funds, which together raised $223.4 million…
True Green Raises $350 Million for Commercial, Industrial Solar