I Squared closes $600M continuation fund for Latin American power platform Inkia

What's the deal? I Squared CapitalDealroom has a profile for this one. Try Dealroom → has closed a $600 million continuation fund for InkiaDealroom has a profile for this one. Try Dealroom →, its Latin American power platform. The vehicle lets the infrastructure manager hold the asset beyond its original fund life.

Why now? Continuation funds have become a go-to tool for managers seeking to retain prized assets while returning cash to earlier investors. They offer liquidity to existing limited partners without a full exit.

The signal: The close lands amid a busy stretch for infrastructure secondaries. Comparable deals have included an £800 million continuation vehicle for a UK rolling stock platform, GenZeroDealroom has a profile for this one. Try Dealroom →'s move into an Asia-focused energy transition portfolio, and single-asset deals in Spanish energy — underscoring how continuation structures are reshaping how infrastructure investors manage long-hold assets.

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