TradeFlockUSA
Finance

Brookfield raises a transition-infrastructure fund heavier on U.S. grid assets

The energy-transition pitch is becoming a transmission and substation pitch, which is how it gets paid.

Priya NairFinance Reporter
Calculator, charts, and financial documents on a desk

Calculator, charts, and financial documents on a desk

NEW YORK — The energy-transition pitch is becoming a transmission and substation pitch, which is how it gets paid.

The raise, people familiar with the process said, is overweight U.S. regulated and contracted grid assets that can sit next to data-center load — less solar slideware, more steel in the ground.

Priya Nair

Finance Reporter

Writes on banks, private credit, and the regulatory perimeter around nonbank lenders.