Data as of: October 3, 2026 Issued: Saturday, October 3, 2026 Evidence key: CONFIRMED (primary source), REPORTED (multiple outlets), RUMORED (unverified market reporting), ANALYTICAL (inference).
EIG closed $4.0 billion across its Senior Infrastructure Debt Fund VI platform — a $1.9 billion fund, roughly twice its predecessor, plus $2.1 billion of single-investor vehicles. About $1 billion is already deployed across 16 investments. The raise beat its $3 billion target, with pensions, sovereign funds, and insurers across North America, Europe, Asia-Pacific, and the Middle East all participating.
The structure is as informative as the size. More than half the capital came through bespoke single-investor mandates rather than the commingled fund — limited partners want customized and evergreen infrastructure-credit exposure, not a standard drawdown product. At the project’s edge, pricing reflects the risk transfer: Energy Vault’s amended delayed-draw facility from S2G Builders runs 10% cash plus 7% payment-in-kind to April 2030, supporting a 2.3 GW battery-storage roll-up.
The through-line is bank retrenchment as the demand driver. As traditional lenders step back from construction and contracting risk, direct lenders are being paid to carry it — and institutional capital is following them there at scale.