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Impax closes energy fund at €330m

Environmental investment firm Impax Asset Management has closed its second fund at €330m.

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Environmental investment firm Impax Asset Management has closed its second fund at €330m. 

Impax New Energy Investors II comes five years after the firm closed its debut vehicle and will invest in renewable energy opportunities. 

Peter Rossbach, managing director of Impax, said that the firm had already made three investments in the wind and solar sectors.

LPs in the fund comprise a number of UK pension funds and the European Investment Bank.