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Lightrock Raises $500M Fund for Clean Energy Expansion in Emerging Markets

Private equity firm Lightrock, a spinoff of Liechtenstein-based LGT Group, has raised $500 million for its Accelerate7 investment fund. The fund targets clean energy infrastructure across Asia and Africa. It will deploy capital in growth-stage companies working to expand affordable and clean energy access. Individual investments will range from $10 million to $50 million. Geographic focus areas include Sub-Saharan Africa, South Asia and Southeast Asia. The fund's investment strategy targets companies positioned to deliver sustainable energy solutions in underserved markets.