Investment Summary

ECP Invests In SunZia Southwest Transmission Project

On June 1, 2008, private equity firm ECP invested in renewable energy company SunZia Southwest Transmission Project

Investment Highlights
  • This is ECP’s 2nd transaction in the Renewable Energy sector.
  • This is ECP’s 6th transaction in the United States.
  • This is ECP’s 1st transaction in New Mexico.
Investment Fate
  • SunZia Southwest Transmission Project was sold to a financial buyer in 2010.

Investment Summary

Date 2008-06-01
Target SunZia Southwest Transmission Project
Sector Renewable Energy
Investor(s) ECP
Deal Type Stake Purchase

Target

SunZia Southwest Transmission Project

New Mexico, United States
SunZia Southwest Transmission Project LLC is a transmission line that will connect renewable energy sources in New Mexico and Arizona to Phoenix and other load centers.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

ECP

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 31.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

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 7 of 57
Sector: Renewable Energy M&A 2 of 14
Type: Stake Purchase M&A Deals 3 of 9
State: New Mexico M&A 1 of 2
Country: United States M&A 6 of 53
Year: 2008 M&A 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-05 Cardinal Gas Storage Partners

Houston, Texas, United States

Cardinal Gas Storage Partners LLC focuses on the operation and management of natural gas storage facilities in the Gulf Coast region. Cardinal Gas believes that the natural gas storage business plays a fundamental role in supporting the nation's growing natural gas supply and demand. Cardinal's storage facilities are positioned in strategic locations for customers which will continue to enhance the value of Cardinal's assets and increase demand for our gas storage capacity. Cardinal currently operates both salt cavern and depleted reservoir gas storage facilities. Arcadia Gas Storage, LLC, Cadeville Gas Storage LLC, Monroe Gas Storage Company, LLC and Perryville Gas Storage LLC

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-09 CE2 Carbon Capital

San Diego, California, United States

Founded in 2005, CE2 Capital Partners LLC is a San Diego- based manager of environmental and energy commodities and assets in market-based programs including those designed to combat climate change, acid rain, smog, particulate pollution and to create more clean energy generation.

Buy -