Energy & Science

Clean-Energy Backer Raises $1 Billion to Finance Green Projects

    

Photographer: Joshua Lott/Bloomberg

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Generate Capital Inc., an investor focused on green efforts often ignored by others, raised more than $1 billion for new projects across North America.

Investors include infrastructure funds such as AustralianSuper, QIC, Railways Pension, and AP2, San-Francisco-based Generate said in a statement Tuesday. Terms weren’t disclosed.