Brookfield Global Transition Fund I (BGTF) — world's largest private fund dedicated to net-zero transition
Final close at $15B on June 22, 2022 — world's largest private net-zero transition fund. Co-headed by Mark Carney and Connor Teskey. ~$2.5B already deployed at close. Investments include US/German solar + battery developers (combined 25 GW pipeline); deployed across decarbonization technologies. 100+ LPs globally.
$15.00B
Deal Value
Hybrid
Technology
Multi-state
Location
Deal Details
- Deal Type
- Strategic & Growth Capital
- Seller / Sponsor
- Brookfield Asset Management
- Buyer / Financier
- 100+ LPs (public + private pension plans, sovereign wealth funds, insurance, endowments)
- Deal Value
- $15B (initial hard cap was $12.5B; demand exceeded)
- Stage
- Fund Closing
- ISO/RTO
- Multiple
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