About the fund
The TPG Rise Climate Transition Infrastructure Fund is an infrastructure-focused platform designed to deploy large-scale capital into physical assets essential to the climate transition. Positioned within TPG’s broader Rise Climate strategy, the fund fills a critical gap between traditional private equity and long-dated infrastructure capital. It aims to rapidly scale technologies and business models that are already commercially proven but require substantial investment to achieve meaningful emissions reductions.
The fund concentrates on core energy-transition themes such as commercial- and utility-scale solar, distributed clean power, energy-storage systems, and other enabling infrastructure solutions that support the decarbonization of buildings, industry, and transportation. Its approach emphasizes long-term ownership, operational efficiency, and durable value creation in sectors where climate impact is directly tied to asset deployment.
By pairing deep sector expertise with flexible capital, the fund supports companies and platforms poised for significant expansion. A representative example is the acquisition of Altus Power, a leading commercial-scale solar operator, which demonstrates the fund’s strategy of scaling mature clean-energy platforms to meet growing corporate and community demand for clean electricity.
Beyond financial performance, the fund is built around a clear climate-impact mandate. Each investment is selected for its potential to generate measurable emissions reductions and accelerate the deployment of climate-critical infrastructure. This dual focus positions the fund as a key player in the shift toward resilient, low-carbon energy systems.