NewWorld Capital Group Launches Environmental Infrastructure Investment Initiative
Private equity firm NewWorld Capital Group has launched an environmental infrastructure investment initiative to complement its growth equity investment activities.
NewWorld Environmental Infrastructure, L.P., which will be funded by a commitment from North Sky Capital’s CleanTech Alliance Fund, will provide project equity and asset-backed structured equity to clean infrastructure projects and companies.
Led by Founding Partner Everett Smith, the firm intends to invest in a broader range of environmental opportunities, with the infrastructure and growth initiatives able to share investments as appropriate.
NewWorld Capital Group makes growth equity and control investments in rapidly growing mid-sized and smaller companies in energy efficiency, clean energy, water resources and reclamation, waste-to-value, pollution abatement, sustainable/biodegradable materials, and related environmental services.
It mainly focuses on the United States and Canada and selectively in Europe.