<article><a href="https://www.dealstreetasia.com/?s=Solariant%20Capital">Solariant Capital</a>, the global financial firm focused on renewable energy projects, is raising a new $75 million venture capital fund, according to a recent SEC filing.</article>

<a href="https://www.dealstreetasia.com/?s=Solariant%20Capital">Solariant Capital</a>, the global financial firm focused on renewable energy projects, is raising a new $75 million venture capital fund, according to a recent SEC filing.
The firm is part of the Solariant companies that are comprised of multiple entities in the US, Japan, and Southeast Asia.
Solariant Capital said its new fund, <a href="https://www.dealstreetasia.com/?s=Solariant%20Renewable Energy Fund">Solariant Renewable Energy Fund</a>, will accept a minimum investment of $5 million. The first sale is yet to occur, it added.
The filing was signed by Daniel Kim, managing director of Solariant Capital and its wholly owned subsidiary <a href="https://www.dealstreetasia.com/?s=Lumino%20Capital LLC">Lumino Capital LLC</a>.
On its website, the group said it coordinates the development, construction, financing, and operation of utility scale renewable energy projects.
Its completed projects include a $195-million photovoltaic power plant with 41.3 megawatt capacity, while its current development and financial pipeline include multiple utility scale PV projects and two 50 MW biomass power plants in Japan.
Aside from renewable energy projects, Solariant’s team is also mandated by institutional investors to source and structure alternative investment projects including infrastructure investments, aircraft assets, and real estate investments globally, the company added.
Lumino Capital, the California-based wholly owned subsidiary of Solariant Capital, has recently entered into an agreement with Advanced Biomass Solutions for the financing, development, and operation of eight CoalSwitch Plants across Southeast Asia.
CoalSwitch is the world&#8217;s first direct drop-in replacement biomass fuel with the ability to transform the coal energy dynamics.
Under the agreement, Lumino will procure finance, develop, and operate an initial eight CoalSwitch™ Plants located in Vietnam, the Philippines, and other South East Asian countries.
&#8220;Lumino will also raise finance as well as source the supply of woody biomass feedstock and appropriate offtake agreements with potential customers and end-users throughout Asia,&#8221; according to an announcement.
A PwC in April showed that renewable energy investment is booming in Asia Pacific, accounting for 47 per cent of worldwide new investment in the sector. The region is also forecast to see up to $250 billion in new investment on utility scale renewable projects until 2025.
Also Read:
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/malaysia-kwap-renewable-energy-102298/">Malaysian pension fund KWAP eyes more investments in renewable energy</a>
<a href="https://www.dealstreetasia.com/stories/macquarie-capitals-green-investment-group-acquires-solar-assets-from-conergy-asia-104743/">Macquarie Capital’s Green Investment Group acquires solar assets from Conergy Asia</a>
&nbsp;

Solariant Capital, the global financial firm focused on renewable energy projects, is raising a new $75 million venture capital fund, according to a recent SEC filing.

Renewable energy investor Solariant Capital raising $75m VC fund

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

Renewable energy investor Solariant Capital raising $75m VC fund

Start your deal-making journey now!

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief