Our International Private Solar Fund Investments

NextPower III ESG

As at 30 September 2023:

  • NextPower III ESG (“NPIII”) was launched by NextEnergy Capital in 2018 to target utility-scale solar in OECD countries
  • NESF made a $50m commitment into NPIII, a private solar infrastructure fund providing exposure to both operating and under construction, international solar assets
  • NPIII is targeting a gross investor IRR of between 13% and 15%
  • NPIII has acquired 1.9GW with 179 individual assets across the USA, India, Chile, Portugal, Spain, Greece, and Poland