Denham Capital related stories
All articles and analysis
Denham to hold first close on $1.8bnThe Boston-based energy investor is scheduled to hold an initial close later this month, and is on track to end fundraising on its sixth investment vehicle in the first quarter.
- EIF nears $1.75bn target
The firm, which focuses on US power investments, expects to close its fourth fund in October.
- MassPRIM bets on distressed, energy
The $41bn pension fund made commitments to Denham Capital, which recently hit the market with its sixth energy-related fund, and Avenue Capital’s second European fund.
- Denham to seek $2.5bn for sixth fund
Having collected $2bn for its fifth fund in 2008, Denham Capital is likely to launch Fund VI in the second quarter.
- Powered up
KKR’s recent East Resources exit – coupled with HitecVision’s specialist energy fund close this week – is further evidence that the energy sector remains active and vibrant for private equity investors, writes Christopher Witkowsky.
- Denham Capital in $277m solar exit
SunRay Renewable Energy, a Maltese solar power plant developer, is to be bought by Nasdaq-listed SunPower in a deal expected to close in the first half of this year.
- Mass PRIM to spend $1bn on private equity
The $40bn pension, which has not yet committed to private equity in 2010, is happy to come in below target this year depending on opportunities.
- SunRay secures €120m financing for Italian solar project
Renewable energy developer SunRay has reached financial close on a solar power plant project near Rome. €120m of project financing was provided by a three-strong bank syndicate.
- Cost of capital forces change in energy sector
A rising cost environment and lack of available capital has precipitated a change of approach for energy-focused GPs and will ultimately “cleanse” the space.
- Black River invests $70m in African coal technology
The asset manager, an independently managed subsidiary of Cargill, has partnered with energy technology firm White Energy on a $101m joint venture.