Funding and M&A Roundup: BlackRock Real Assets Raises $4.8 Billion to Fund Renewables
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BlackRock Real Assets has achieved a $4.8 billion final close of Global Renewable Power Fund III (GRP III) with commitments from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations, and family offices from over 18 countries globally. GRP III is the third vintage of BlackRock’s Global Renewable Power fund series and the fifth fund overall, which invests in global climate infrastructure assets, primarily in renewable power generation, across the Americas, Europe Asia.
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Utsav Sinha
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