in News Departments > FYI
print the content item

Starwood Capital Group Global LLC has closed its Starwood Energy Infrastructure Fund II (SEIF II) with total capital commitments of $983 million to invest in wind, solar, natural gas, and other power generation and high-voltage transmission assets, primarily in North America.

"We are focused on a market that has an annual opportunity set approaching $100 billion in the U.S. and Canada," says Brad Nordholm, CEO of Starwood Energy Group. "Currently, low domestic natural gas prices and the lower cost of proven renewable energy technologies have created a rich environment."

Starwood Capital says SEIF II has attracted commitments from a wide range of investors, including sovereign funds, pension plans, funds of funds, insurance companies and other institutional investors. The company says the new fund will follow the middle-market, value-add focus of its predecessor fund, Starwood Energy Infrastructure Fund LP, which closed in 2008.




Trachte Inc._id1770
Latest Top Stories

Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.

JLG_id1900
Acciona_id1907
WomenofWind_id
UEA_id1896
AWEA_id1886
bonfiglioli_id1913