– Ara Partners, a global investment firm focused on industrial decarbonization, has raised over $800 million for its Ara Infrastructure strategy.
– This includes the debut Ara Infrastructure Fund I and related co-investment vehicles.
– The Fund exceeded its $500 million target, attracting strong support from existing and new institutional investors.
– Investors include pension funds, insurance companies, sovereign wealth funds, endowments, and foundations across North America, Europe, and Asia-Pacific.
– Ara Infrastructure is led by industry veterans George Yong and Teresa O’Flynn.
The strategy targets mid-market infrastructure, emphasizing new and repurposed assets for a low-carbon industrial economy.
– Since its 2022 launch, Ara Infrastructure has completed three investments, with a fourth commitment expected soon.
– The Fund currently owns 12 operational assets across North America and Europe.
– Teresa O’Flynn emphasized the generational opportunity in decarbonized infrastructure and the Fund’s role in building future-proof, high-value assets.
– Churchill George Yong highlighted Ara’s builder capabilities and focus on delivering risk-adjusted returns with classic infrastructure traits.
– Rede Partners acted as placement agent; Debevoise & Plimpton LLP served as legal counsel.
