Carlyle Buys Stake in Real Estate-Finance Firm North Bridge
- North Bridge offers financing for landlords for clean energy
- Carlyle is also committing up to $1 billion for loans
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Carlyle is buying a minority stake in North Bridge ESG LLC, a finance firm that focuses on a type of private credit lending to landlords for clean energy projects.
The transaction also includes Carlyle committing up to $1 billion to help North Bridge make loans, according to a statement seen by Bloomberg.