Battery Infrastructure

The Brookfield Global Transition Fund II (BGTF II) is dedicated to investing in the global transition to a net zero economy. The fund targets investments in clean energy expansion, sustainable solutions, and the transformation of companies operating in carbon-intensive sectors to more sustainable business models. It focuses on accelerating the global transition to a net zero economy while delivering strong risk-adjusted returns for investors. The fund is co-headed by Mark Carney and Connor Teskey and has a robust pipeline of investment opportunities in various sectors and geographies. It aims to capitalize on trends such as supplying clean power to the data and technology sector, building new industrial supply chains, and scaling technologies required for industrial decarbonization. The fund is the largest transition investor among private fund managers and is on track to exceed the size of its predecessor fund. It is managed to science-based sector pathways for net zero and has a goal of achieving net-zero greenhouse gas emissions by 2050 or sooner.

Macquarie’s Green Energy Transition Solutions Fund (MGETS) is a closed‑ended vehicle designed to deploy capital into technologies and infrastructure that go beyond traditional renewables. It targets growth‑stage companies offering decarbonisation solutions in sectors such as energy storage, distributed energy, clean transport, renewable fuels, carbon capture, and circular economy. At final close, MGETS surpassed its initial $2 billion target, raising over $2.4 billion in fund commitments and $647 million in co‑investment, for a total capital pool exceeding $3 billion. Over 65 % of that capital has already been committed across 12 investments spanning multiple geographies and technology domains. The fund targets a net IRR of 13 % to 15 %. It seeks companies that balance growth potential with infrastructure‑like characteristics, backing opportunities that are scaling and de‑risked yet operate in the next wave of energy transition technologies. MGETS has built a diversified portfolio including names like Eku Energy (battery storage), SkyNRG (sustainable aviation fuel), Verkor (EV battery manufacturing), and Calibrant Energy (distributed energy). Its geography‑agnostic approach allows deployment across Europe, North America, Asia‑Pacific, and beyond.