Carey Olsen's investment funds team in Jersey has advised Quinbrook Infrastructure Partners on the Jersey legal and regulatory aspects of Quinbrook Low Carbon Power Fund's final closing, which raised a total of $1.6bn in primary and co-investment fund commitments.
Oak Group (Jersey) acted as Jersey administrator to the fund. It provided directors and company secretary with knowledge of the clean energy sector and experience in administering significant funds.
The fund focuses on investments in the new-build lower carbon and renewable energy sectors of the US, UK and Australia. It took advantage of the regulated Jersey Eligible Investor Fund regime to target institutional investors, including those in the UK, US and Australia.
The Carey Olsen team was led by Partner Chris Griffin, assisted by Senior Associate Sarah Townsend and Associates Adriana Boscariol and Calvin Crilly.