Last checked at 23 Mar 2010 07:00
Impax Asset Management Group plc announces €141m private equity fund raising
Impax Asset Management Group plc ("Impax") today announces that its wholly owned subsidiary, Impax Asset Management Ltd, has raised €141m of capital commitments for its second private equity fund, Impax New Energy Investors II LP ("NEF II").
As part of this fund raising, Impax has committed to invest €2m in NEF II.
NEF II is focused on investment opportunities in independent power companies and projects in the renewable energy sector across the European Union.
ENDS
Enquiries:
| Impax Asset Management Group plc | |
| Ian Simm, Chief Executive | Tel: 020 7434 1122 |
| Peter Rossbach | Tel: 020 7434 1122 |
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| Execution Noble (Nominated Adviser) | |
| John Riddell, Director | Tel: 020 3429 1426 |
| Harry Stockdale |