Downing LLP closes infrastructure fund dedicated to flexible generation
Investment manager Downing LLP has announced the close of a dedicated GBP125 million (US$159.4 million) infrastructure fund focusing on the flexible generation sector in the UK.
The increase in deployment of renewable energy has created a new class of flexible generation assets in which gas peakers play a significant role. This is where the fund will focus its investment activities.
As the fund enters its investment phase, it has attracted a strong pipeline of opportunities and a significantlevel of interest from investors.
Downing LLP was advised by Bryan Cave Leighton Paisner (legal) on the transaction.
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