Terra Firma to Set Up a $5 Billion Renewable Energy Investment Fund
The
private equity firm Terra Firma has joined with the Chinese Development
Bank to create a multi-billion dollar renewable energy investment fund.
They will start “raising between $3 and $5 billion in the next few
months, with China Development Bank to put an as-yet-undefined amount
into the fund.”The move into renewable energy is not new for Terra Firma
who already own; Infinis, which collects landfill gas; EverPower, a US
wind farm operator; and Rete Rinnovabile, Italy’s leading solar power
generator.Despite the cuts that some…Read more...
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