Newly fashioned Kinterra Capital has raised $565 million for its debut fund to assist miners and processors of metals utilized in electric-vehicle batteries, whereas the Canadian private-equity agency goals to will profit from the efforts of governments in Western international locations to strengthen native suppliers of clean-energy supplies. .
The Toronto-based firm mentioned it initially sought $500 million for the Kinterra Battery Metals Mining Fund, which it started elevating early final yr. Kinterra started investing from the fund final yr as properly, together with buying non-public Australian nickel miner Cannon Sources and earlier this yr backing the White Pine North copper venture in Michigan, based on Co-Managing Companions Cheryl Brandon and Kamal Toor.
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