Morgan Lewis Represents Lime Rock New Energy on Closing $640 Million Fund II
April 22, 2026NEW YORK, April 22, 2026: Morgan Lewis advised Lime Rock New Energy in the closing of Lime Rock New Energy Fund II (Fund II) with total commitments of $640 million. The fund closed well above its $500 million target and just below its $650 million hard cap, representing a doubling of committed capital relative to its predecessor fund.
Lime Rock New Energy is a growth-focused private equity partner for entrepreneurs and management teams building differentiated, innovative businesses across the energy transition. Fund II attracted commitments from a range of institutional investors, including asset managers, university endowments, and climate-focused family offices, with approximately one-third of commitments coming from European and Asian institutions.
The Morgan Lewis team that advised Lime Rock New Energy included partners Daniel A. Losk, Richard S. Zarin, Steven Lightstone, and Christine Ayako Schleppegrell and associates Joe Koronkowski, Thomas J. Crociata, and Yara Ismael.