Recapitalization • Renewable Energy

Arroyo Energy Investors Acquires Brandywine Power Facility

On November 2, 2016, private equity firm Arroyo Energy Investors acquired renewable energy company Brandywine Power Facility

Acquisition Context
  • This is Arroyo Energy Investors’ 2nd transaction in the Renewable Energy sector.
  • This is Arroyo Energy Investors’ 1st transaction in the United States.
  • This is Arroyo Energy Investors’ 1st transaction in Maryland.

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M&A Deal Summary

Date November 2, 2016
Target Brandywine Power Facility
Sector Renewable Energy
Buyer(s) Arroyo Energy Investors
Deal Type Recapitalization

Target Company

Brandywine Power Facility

Brandywine, Maryland, United States
Brandywine Power Facility is a 230 MW dual-fuel, combined-cycle generation facility located 25 miles from Washington, D.C. in Brandywine, Maryland. Brandywine sells 98% of its capacity and energy to an investment grade off-taker.
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Buyer Overview 1

DESCRIPTION

Arroyo Energy Investors is a private investment firm focused on opportunities in the energy industry. The Firm has a particular interest in energy infrastructure and will consider businesses throughout the US, Mexico, and Chile. Arroyo Energy Investors was formed in 2003 and is headquartered in Spring, Texas.


Deal Context for Buyer #
Overall 2 of 13
Sector: Renewable Energy 2 of 7
Type: Recapitalization 1 of 1
State: Maryland 1 of 1
Country: United States 1 of 8
Year: 2016 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-27 Pemcorp

Mexico

Pemcorp is a 142 MW gas-fired power generation that generates electricity from centralized power plants. Pemcorp serves customers in Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-19 Broad River Energy Center

Gaffney, South Carolina, United States

Broad River Energy Center is an 870 megawatt simple-cycle, natural gas-fired power plant. Broad River Energy Center was founded in 2000 and is based in Gaffney, South Carolina.

Buy -