Aiga Capital closes $240 mn climate infrastructure fund

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Aiga Capital Partners has closed its climate infrastructure fund, securing over $240 million in capital commitments from seven limited partners, including pension funds, family offices, funds of funds, OCIOs, foundations, and other institutional investors. The fund aims to accelerate the development of sustainable infrastructure across North America by providing flexible capital solutions to asset development platforms.

Led by Managing Partners Angel Fierro and Rory Meyers, Aiga’s fund will support a wide range of needs, including pre-construction project development, project acquisitions, interconnection deposits, equipment purchases, and other capital requirements throughout the lifecycle of sustainable infrastructure assets. The fund will focus on asset-backed structured debt and equity investments, enabling the materialization of renewable projects.

Aiga’s initial investments include credit facilities for Nexus Renewables Inc., a Toronto-based renewable energy platform, and Spearmint Energy, a Miami-based developer, owner, and operator of battery energy storage systems (BESS) in the U.S. These investments reflect Aiga’s commitment to advancing renewable energy and sustainable infrastructure in North America.