Jordan Stutts

The fund is targeting senior and mezzanine debt investments in the North American clean energy sector.

The firm’s private equity head argued in an interview with Bloomberg TV that an infrastructure fund needs to be able to deploy billions of dollars at once 'to be relevant' in today’s market.

Global Infrastructure Partners will likely close its third fund on between $15bn and $16bn, in what will become infrastructure's largest ever fundraise.

The Maryland-based private equity firm expects to make up to 15 investments, of between $10 million and $40 million each.