The Net Zero Power Fund, which has made five investments to date, also secured $1bn in co-investment capital.
Fundraising was much improved year-on-year, but managers are spending nearly 30 months on the road before funds reach a final close.
The close puts the Spanish manager roughly at the halfway mark after five months in market, as it lands its first airports deal.
Eurazeo's first transition fund overcame LP hesitation to close oversubscribed at €663m, with another €43m in co-investments.
Unlike its predecessor funds, which targeted either a single technology or single country, it is understood the new fund will invest across technologies and across the EU.
QIC Infrastructure Debt Fund II is a 10-year closed-end fund aiming to hold a first close before the end of 2024.
CEO Anthony Catachanas is eyeing a NA and a Caribbean-including global infra strategy, with LatAm investors as anchors.
A first close is earmarked for later this year, which could see the vehicle raise about half of its targeted capital.
The vehicle exceeded its $4bn target and also raised an additional $2.3bn of co-investment capital.
Optimists suggested fundraising would pick up again in 2024. Almost six months in, that’s not looking likely.