
PRINT THIS PAGE Tenaska Power Fund closes on $838m28/09/2005. Source: AltAssets. 
Tenaska Capital Management, a Tenaska Energy affiliate, has closed the Tenaska Power Fund on $838m, above its original $750m target. The fund will acquire energy and power companies and assets in the United States. Investors in the new fund include endowments, pension funds, funds of funds, other financial institutions and individuals in the United States, Canada and Europe.
Paul Smith, senior managing director of Tenaska Capital, said, 'Our success in raising this fund is the result of investors recognising our years of industry experience and exceptional track record in the business.'
The fund acquired two power generation facilities in 2005.
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