Excelsior Renewable Energy Investment Fund II — $1.025B fund close (target was $750M)
Excelsior Energy Capital closes Fund II at $1.025B, substantially exceeding $750M target. Anchored by Development Bank of Japan; LPs span US, Japan, Europe, Australia, Middle East. Already 50%+ deployed across 15 investments totaling 2.25 GW solar/storage. Established Lydian Energy as first portfolio company.
$1.02B
Deal Value
Hybrid
Technology
Multi-state
Location
Deal Details
- Deal Type
- Strategic & Growth Capital
- Seller / Sponsor
- Excelsior Energy Capital
- Buyer / Financier
- Development Bank of Japan (anchor LP); LPs from US, Japan, Europe, Australia, Middle East
- Deal Value
- $1.025B
- Stage
- Fund Closing
- ISO/RTO
- Multiple
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