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BlackRock achieves $1bn infrastructure fund close

RICHARD HEAP

November 20, 2023

BlackRock has achieved a $1bn first close for an equity fund that is set to invest in businesses in Europe and North America that focus on the energy transition.

The infrastructure giant announced started fundraising for its open-ended Evergreen Infrastructure fund in June 2022, and has started to commit capital to companies including a US solar and battery storage firm.

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