The impact investment firm leverages 'complicated government subsidy programmes' in its pursuit of smaller deals, and says it is on track to create 'the largest clean energy portfolio serving low and moderate income communities in the country'.
Victory Hill, founded by former directors of Japan’s Mizuho Group, has increased its debut private fund's target to $500m. It has a growth strategy targeting the cleantech ventures seeded by giant energy corporations.
Apollo is progressing against its $100bn-target climate strategy with an investment in Summit Ridge, a community solar operator 'expanding access for underserved communities'.
The climate-orientated growth investor prefers businesses that are already scaling, like distributed solar company Sun King, managing director Eli Aheto tells New Private Markets.