PAG raises $550m for its first renewable energy fund from Mubadala, others

PAG raises $550m for its first renewable energy fund from Mubadala, others

FILE PHOTO: Workers inspect solar panels at a photovoltaic power station on a hill in Linyi, Shandong province, China August 11, 2018. Picture taken August 11, 2018. REUTERS/Stringer/File Photo

Asia-Pacific investment firm PAG said on Monday it had raised $550 million for its first renewable energy fund, which focuses on investments in physical assets in Asia and includes solar power in Japan as its primary target.

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