EnCap Energy Transition has closed its Energy Transition Fund II (EETF II) with $1.5 billion in commitments, the company says.
EnCap has made investment commitments to five portfolio companies through EETF II so far: Linea Energy, Parliament Solar, PowerTransitions, Arbor Renewable Gas and Bildmore Renewables.
“The EnCap Energy Transition team is proud to have raised a sizable pool of capital to continue to invest in the opportunity created by the shift to a lower-carbon energy system. We greatly appreciate the strong support from our existing investor base and are pleased to have added a number of new, high-quality investors, both domestically and internationally,” says Jim Hughes, EnCap managing partner.
“Since our inception in 2019, we now manage approximately $2.7 billion of capital commitments to invest in decarbonization and are excited for the opportunities ahead of us.”
Vinson & Elkins served as legal counsel to EnCap on the fund’s formation.
The post EnCap Energy Transition Closes $1.5B Energy Transition Fund II appeared first on Solar Industry.
EnCap Energy Transition Closes $1.5B Energy Transition Fund II
Every day, our nation’s face is pushed a little bit further into the toilet.
Gotta love the creativity, and certainly the sentiment, that is captured by the artist whose work we see here.
In reality, however, Lady Liberty should be depicted sitting with slumped shoulders, tears rolling down her cheeks.
There has never been a moment anything like the present in U.S. history. A sociopathic criminal in the White House, bolstered by traitors in both Congress and the Supreme Court.
It’s always encouraging to see the emergence of another brilliant astrophysicist into our culture — not that his message here is particularly encouraging.
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