I Squared Capital closes $1.2bn DFC climate fund

I Squared Capital, a private equity firm focused on global infrastructure investments, has closed its first dedicated climate fund set up in conjunction with US International Finance Development Corporation (DFC) at $1.2bn.

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DFC will commit $300m alongside commitments from funds led by I Squared Capital of $900m to invest in climate-related infrastructure projects.

Over the past decade, I Squared Capital funds have committed $7.9bn to infrastructure investments in emerging markets across a diverse group of sectors including energy, utilities, transportation, social infrastructure, digital infrastructure and environmental infrastructure.

Source: Private Equity Wire

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