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Energy Capital Partners Closes Fund

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April 8, 2014

Energy Capital Partners closed its Energy Capital Partners III LP fund, known as Fund III, the company said April 7. Fund III surpassed its $3.5 billion target, landing at $5.043 billion in commitments, the company added.Fund III acquired NESCO Holdings Inc., an electric utility service provider, as its first investment, the company said.

Fund III’s total cumulative commitments stand at more than $13 billion, the company said, noting that Fund III raised Fund I at $2.25 billion in 2006, Fund II at $4.335 billion in 2010 and a mezzanine credit ...

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