NextPower III

NextEnergy Capital achieved the first close of NextPower III, with initial commitments of c.US$160 million, in November 2018.

NextPower III will invest in the construction and long-term ownership of solar power projects across international markets. Its principal target markets include OECD and OECD Key Partner countries, while it also has the flexibility to invest in other high-growth markets as attractive opportunities emerge.

The Fund’s objective is to achieve a portfolio of between 2.5 and 3.0GW in operating solar projects across its target markets upon full capital deployment.