Generate Strategic Credit Fund

Date: 2024

Asset Class: Private Debt

Description:  Generate Strategic Credit Fund I is a target $750m private debt fund focused on structured credit investments in sustainable infrastructure projects and companies in the U.S., targeting diversified sectors like power, mobility, waste, water, digital infrastructure, and industrial decarbonization.

Why We Invest: The most recent report from the Intergovernmental Panel on Climate Change (IPCC) demonstrates how renewable energy continues to be one of the most cost-effective and highest potential ways of reducing greenhouse gas emissions.  Generate is addressing the climate crisis by lending to developers and developments of renewable energy. Moreover, U.S. infrastructure is aging and outdated, contributing to climate change through inefficient processes and high emissions. There is a $2.6t investment gap by 2030 for modernizing and decarbonizing infrastructure.