Pacific Channel rolls out $40m renewable energy fund
Wholesale Fund V aims to provide seed capital for development of a portfolio of 18 large-scale wind, solar, and battery storage projects, targeting returns of 20%.
The scale of the portfolio is designed to help catalyse a sixfold increase in renewable energy generation for New Zealand.
Pacific Channel is aiming to raise $40 million for its latest wholesale offering, aimed at funding and generating returns from a network of renewable energy projects.
The deep tech private equity firm, which in May received an injection of $10m into its Fund III, from Government-backed Elevate
