ImpactAlpha, February 15 — North Sky Capital last year sold its stakes in a utility-scale solar field, a commercial rooftop project and other renewable energy assets from its first ($240 million) and second ($325 million) sustainable infrastructure funds.
Last month, the Minneapolis-based fund manager closed on $200 million for its third infrastructure fund, targeting low-income communities (for background, see “Solar proves a pathway for private capital to flow into low-income communities”).
“The market continues to be strong,” North Sky’s Adam Bernstein told ImpactAlpha, with high demand from strategic investors, utilities and long-term owners looking for renewable assets.
