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Kayne Anderson Renewable Energy Fund Hits $50M

Los Angeles-based private equity investor Kayne Anderson Capital Advisors, L.P. said last week that its new Kayne Anderson Renewable Infrastructure Fund has reached $50M in assets. The fund focuses on investing in companies that develop, build, own and operate the renewable power infrastructure necessary to transition global power generation to a cleaner future, including wind farms, solar parks, energy storage, and the infrastructure to bring that energy to market. Kayne Anderson says it now has more than $1.5 billion across its funds investing in renewable energy and energy transition.