BIRMINGHAM, Ala., Oct. 06, 2022 (GLOBE NEWSWIRE) — Harbert Infrastructure Fund VI, LP (“HIF VI”) had its final close on September 30, 2022. HIF VI secured $905 million in funds and related co-investment commitments to invest in HIF VI’s portfolio of North American power and renewable energy opportunities. HIF VI focuses on investments that can provide investors with attractive risk-adjusted returns, reliable current income, capital gains opportunities and inflation protection. HIF VI received commitments from a diverse and respected group of national and international institutional investors, including pension plans, insurance companies, endowments and wealth managers.
Since 1986, Herbert Infrastructure has committed more than $7.6 billion to 56 investments across a variety of fuel sources, technologies and transaction structures.
“We are grateful to our existing investors for their continued support and honored by the confidence that new investors have shown in our team through their commitments,” said Claude Estes, Head of Investments, Harbert Infrastructure. “The United States infrastructure markets are in the early rounds of a massive transition to decarbonization and electrification that has created and will continue to create volatility and investment opportunities. Best-in-class operating partners uniquely position us to capitalize on these opportunities. “
Travis Pritchett, HMC’s President and COO added, “We are extremely proud of the recent completion of Harbert Infrastructure. In an increasingly competitive market, the team’s technical bloodline and specialized market knowledge have given them a competitive advantage. Harbert Infrastructure’s decades of experience in North American infrastructure investments, a world-class institutional investor base, as well as their disciplined approach to investment selection have been key to the fundraising success of…
