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
Resources

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

Next Story
Real Estate

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Next Story
Infrastructure Transport

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement