Starwood Energy Group Global LLC, a midmarket energy infrastructure investment manager, closed its latest fund after raising $1.2 billion.

Like previous funds, Starwood Energy Infrastructure Fund III will continue acquiring and developing power generation, transmission and other energy infrastructure projects in energy-constrained markets throughout North America, according to a July 3 news release.

Starwood Energy Group counted sovereign wealth funds, pension funds, banking groups, insurance companies, fund of funds and family offices with geographic representation from across North America, Europe and Asia-Pacific among investors in the fund.

Campbell Lutyens & Co. Ltd acted as exclusive global placement agent, while Kirkland & Ellis LLP acted as legal counsel.