EnCap raises $1.2 billion for investments in clean energy

EnCap Investments has announced the closing of a $1.2 billion fund dedicated to investments in the clean energy transition space marking its first investment in the private equity firm that has raised money specifically for clean energy. EnCap had been in discussions with its investor base about pursuing opportunities in energy.e new EnCap Energy Transition Fund I will invest in wind and solar power and energy storage. The fund has already invested in five companies with half the proceeds already deployed.

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