Lotus Infrastructure Partners has raised around $1.8bn (€1.56bn) across its latest infrastructure strategy, including more than $1.3bn for its fourth flagship fund.
Alongside Lotus Infrastructure Fund IV, the manager secured $275m for a co-investment vehicle to invest alongside the fund and $170m for a single-asset continuation vehicle.
As previously reported, Oregon Public Employees Retirement Fund approved $150m to the Lotus Infrastructure Fund IV, which focuses on acquiring or developing power generation, transmission and other energy-related infrastructure assets in North America.
The fund will pursue opportunities across energy and related sectors, including power generation and transmission, battery storage, biofuels and other fuels such as ammonia and methanol.
Himanshu Saxena, chairman and CEO of Lotus Infrastructure Partners, said: “We are grateful for the continued support of our investors and pleased to have completed this capital raise which is the largest in our firm’s history.
“We are at a pivotal moment in the energy markets with demand for new energy infrastructure at unprecedented levels, driven by AI and rising industrial consumption. Our 20 years of experience investing in this sector positions us well to deploy Fund IV on behalf of our investors.”
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