Brookfield Targets $7 Billion for New Infrastructure Debt Fund
POWER & RENEWABLE ENERGY

Brookfield Targets $7 Billion for New Infrastructure Debt Fund

Brookfield Asset Management is aiming to raise at least $7 billion for its fourth infrastructure debt fund, expanding one of the largest strategies in the sector. The new fund will continue the firm’s approach of investing in both junior and senior infrastructure debt.

The firm’s previous infrastructure debt fund, which closed in November 2023 with over $6 billion in investor commitments, is now largely deployed, with a significant portion allocated to data and renewable energy assets. While Brookfield has not officially commented on its latest fundraising efforts, the firm noted during a recent earnings call that its infrastructure debt platform remains the largest of its kind. The new fund is expected to surpass its predecessor in scale.

Brookfield has been highly active in infrastructure investments. Recently, the firm agreed to acquire the U.S. onshore renewables business of National Grid Plc for $1.7 billion. Earlier this month, it also committed €20 billion ($20.9 billion) to develop data centers and AI infrastructure in France over the next five years.

With $202 billion in infrastructure assets under management globally, Brookfield continues to strengthen its influence in infrastructure debt markets. The latest fund is expected to capitalize on the rising demand for long-term financing in critical industries.

Image Source: www.wsj.com

Brookfield Asset Management is aiming to raise at least $7 billion for its fourth infrastructure debt fund, expanding one of the largest strategies in the sector. The new fund will continue the firm’s approach of investing in both junior and senior infrastructure debt. The firm’s previous infrastructure debt fund, which closed in November 2023 with over $6 billion in investor commitments, is now largely deployed, with a significant portion allocated to data and renewable energy assets. While Brookfield has not officially commented on its latest fundraising efforts, the firm noted during a recent earnings call that its infrastructure debt platform remains the largest of its kind. The new fund is expected to surpass its predecessor in scale. Brookfield has been highly active in infrastructure investments. Recently, the firm agreed to acquire the U.S. onshore renewables business of National Grid Plc for $1.7 billion. Earlier this month, it also committed €20 billion ($20.9 billion) to develop data centers and AI infrastructure in France over the next five years. With $202 billion in infrastructure assets under management globally, Brookfield continues to strengthen its influence in infrastructure debt markets. The latest fund is expected to capitalize on the rising demand for long-term financing in critical industries.Image Source: www.wsj.com

Next Story
Infrastructure Transport

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Next Story
Infrastructure Transport

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Next Story
Infrastructure Energy

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement