Investment Summary |
|
|---|---|
| Date | 2018-09-27 |
| Target | Hudson Project |
| Sector | Utilities |
| Investor(s) | Argo Infrastructure Partners |
| Sellers(s) |
Lotus Infrastructure Partners
Ares EIF |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Infrastructure |
|---|---|
| Founded | 2013 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Focused |
Argo Infrastructure Partners is a private equity firm focused on infrastructure investments. Specific areas of interest include regulated utilities, energy, renewables, and transportation. The Firm seeks long-term and sustainable partnerships when considering investing in new companies or projects. Argo Infrastructure Partners was founded in 2013 and is headquartered in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Connecticut M&A | 1 of 2 |
| Country: United States M&A | 1 of 4 |
| Year: 2018 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-30 |
LAZ Parking
Hartford, Connecticut, United States LAZ Parking is a parking operator in the United States with operations in over 3k+ locations. LAZ offers a vast array of parking services including facility management, billing, collections, maintenance, valet parking and shuttles. LAZ Parking was founded in 1981 and is based in Hartford, Connecticut. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 7.6B USD |
| Size | Mega |
| Type | Sector Focused |
Lotus Infrastructure Partners is a private equity firm that targets investments in energy infrastructure assets. Lotus Infrastructure Partners looks to invest in hard assets with strong contracted cash-flow. This includes opportunistic acquisitions as well as development-stage commitments. The Group's target investment size is $50 to $200 million. Lotus Infrastructure Partners was formed in 2005 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 10 |
| Sector: Utilities M&A | 5 of 6 |
| Type: Secondary Buyout M&A Deals | 3 of 3 |
| State: Connecticut M&A | 2 of 2 |
| Country: United States M&A | 6 of 9 |
| Year: 2018 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-26 |
Greenleaf I & II
Yuba City, California, United States Greenleaf I & II were two 49.5 MW gas-fired generation facilities located in Yuba City, California. Both facilities were fully contracted to PG&E and Greenleaf II also sells process steam to an adjacent food processing facility. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-11 |
Calpine - Two Contracted Power Plants
Houston, Texas, United States Calpine’s Two Contracted Power Plants include the Garrison Energy Center (325 MW combined-cycle, Delaware) and RockGen Energy Center (503 MW peaker, Wisconsin), both operating under long-term power contracts. |
Buy | - |
Ares EIF is the direct energy investment arm of asset management firm, Ares Management. Ares EIF operates within Ares Private Equity Group and focuses exclusively on energy related investments. Specific areas of interest include electricity generating, transmission, and energy services assets; energy and utility company ownership interests; and utility service deployment investments. The Firm is a hands-on investor, and looks for ways to unlock value post acquisition. Ares EIF's geographic preference is for US based opportunities. Ares EIF was formed in 1987 and was acquired by Ares Management in 2014.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 13 |
| Sector: Utilities M&A | 11 of 11 |
| Type: Secondary Buyout M&A Deals | 3 of 3 |
| State: Connecticut M&A | 3 of 3 |
| Country: United States M&A | 13 of 13 |
| Year: 2018 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-14 |
Kleen
Middletown, Connecticut, United States Kleen Energy Systems operates a 620-megawatt natural gas-fired, combined-cycle power plant, using gas and steam turbines to generate electricity. Kleen was founded in 2008 and is based in Middletown, Connecticut. |
Sell | - |
