M&A Deal Summary |
|
|---|---|
| Date | 2016-12-19 |
| Target | Broad River Energy Center |
| Sector | Renewable Energy |
| Buyer(s) | Arroyo Energy Investors |
| Sellers(s) | ECP |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| Size | Middle-Market |
| Type | Sector Focused |
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 STATS | # |
|---|---|
| Overall | 3 of 13 |
| Sector: Renewable Energy M&A | 3 of 7 |
| Type: Secondary Buyout M&A Deals | 1 of 2 |
| State: South Carolina M&A | 1 of 2 |
| Country: United States M&A | 2 of 8 |
| Year: 2016 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-02 |
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. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-20 |
Broad River Energy
Gaffney, South Carolina, United States Broad River Energy is an 850 MW dual-fuel, simple-cycle power generation facility located in Gaffney, South Carolina that is fully committed to Duke Energy Progress under two long-term tolling agreements. Broad River utilizes 5 GE 7FA.03 gas turbine generators for the generation of electrical power. The units can be on the grid and supplying power within 15 minutes to help serve peak and emergency loads. |
Buy | - |
ECP is a specialist private equity firm focused on investments in energy infrastructure. Specific areas of interest include power generation, including renewable energy facilities; electric transmission; midstream gas, including gas storage and pipelines; and other energy service businesses and infrastructure assets. The Firm primarily targets opportunities located in North America. ECP was formed in 2005 and is based in Summit, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 30 |
| Sector: Renewable Energy M&A | 4 of 8 |
| Type: Secondary Buyout M&A Deals | 2 of 6 |
| State: South Carolina M&A | 1 of 2 |
| Country: United States M&A | 12 of 28 |
| Year: 2016 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-21 |
Sunnova
Houston, Texas, United States Sunnova is a residential solar and energy storage service provider with customers across the U.S. and its territories. Sunnova's goal is to be the source of clean, affordable, and reliable energy with a simple mission: to power energy independence so that homeowners have the freedom to live life uninterrupted. Sunnova was founded in 2012 and is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-20 |
Broad River Energy
Gaffney, South Carolina, United States Broad River Energy is an 850 MW dual-fuel, simple-cycle power generation facility located in Gaffney, South Carolina that is fully committed to Duke Energy Progress under two long-term tolling agreements. Broad River utilizes 5 GE 7FA.03 gas turbine generators for the generation of electrical power. The units can be on the grid and supplying power within 15 minutes to help serve peak and emergency loads. |
Sell | - |