• Rockland Capital closed Rockland Power Partners V at its hard cap of $1.2 billion.
• The fund was raised in under eight months and is over 70% larger than its predecessor.
• Commitments came from a wide range of institutional investors, including endowments, foundations, pensions, healthcare systems, insurers, consultants, family offices, and asset managers.
• Rockland is led by an experienced, cohesive team focused on under-managed, option-rich power generation assets that provide critical reliability to a strained grid.
• The Fund will primarily invest in existing operating power plants, enhancing flexibility, speed, reliability, and capacity amid an evolving energy landscape.
• A smaller portion may go toward developing and constructing new power plants, especially to meet rapid-deployment, high-reliability demand from data centers.
• Scott Harlan noted the strong investor support and highlighted the importance of dispatchable power generation during the energy transition.
• Jim Maiz emphasized opportunities created by data center growth, manufacturing reshoring, and renewable integration.
