Generate Capital Raises $1.5B: A Leap Towards Sustainable Infrastructure

Generate Capital, a frontrunner in the sustainability and infrastructure investment realm, has successfully amassed $1.5 billion in new equity. The capital raise witnessed participation from an array of investors, including the California State Teachers' Retirement System (CalSTRS), marking a significant leap in the firm's journey towards fostering a sustainable future.

Capitalizing on Sustainability

The firm, with its steadfast commitment to funding projects and technologies that bolster sustainable infrastructure, has carved a niche for itself in a sector that is witnessing unprecedented growth. The escalating awareness around environmental issues and the urgency to transition to renewable energy sources have spurred this growth. The fresh funding round will empower Generate Capital to broaden its investment portfolio, consequently catalyzing the evolution of sustainable energy solutions and infrastructure projects that strike a balance between environmental responsibility and economic viability.

An Investment in a Cleaner Future

Generate Capital's investments are geared towards mitigating carbon emissions and propelling a cleaner, more sustainable future. The firm has been instrumental in producing over 320GWh of sustainable power and processing more than 715Kt in organic waste, as of September 2023. Its subsidiaries and portfolio companies are playing a pivotal role in leading the infrastructure transition, adding value to waste, enhancing the reliability of the electric grid, and augmenting renewable power generation.

Institutional Investors Embrace Green Ventures

The participation of CalSTRS, one of the largest public pension funds in the United States, highlights the burgeoning trend among institutional investors to channel resources into environmentally responsible and sustainable ventures. This trend dovetails with broader societal shifts towards sustainability and acknowledges the financial viability and potential long-term yields of green investments. Scott Jacobs, Generate's CEO, underscored the pressing need to invest trillions, not merely billions, in sustainable projects and expressed his pride in the firm's unique model that successfully attracts global partners and delivers impressive returns to investors and communities.