Excelsior raises first renewable energy fund

Minnesota-based Excelsior Energy Capital held the final close this week for its inaugural fund raising $504 million for a renewable energy infrastructure strategy.

The Excelsior Renewable Energy Investment Fund I will invest in equity of middle-market wind and solar power plans across the U.S. and Canada.

“My partners and I are thrilled to achieve this exciting milestone, and everyone at Excelsior Energy Capital looks forward to continuing to execute on our proven strategy of investing in high-quality North American wind and solar projects,” said Chris Moakley, managing partner of Excelsior Energy . . .

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