Investment Summary |
|
|---|---|
| Date | 2018-03-14 |
| Target | Neptune Regional Transmission System |
| Sector | Utilities |
| Sellers(s) | Ridgewood Capital |
| Deal Type | Unknown |
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| Category | Asset Manager |
|---|---|
| Founded | 1982 |
| Size | Small |
| Type | Sector Focused |
Ridgewood Capital is a private equity firm focused on investments in high-growth energy technology companies. Ridgewood looks for opportunities 'that are poised to meet the challenges brought on by the imbalance between the demand and supply of fossil fuels and the need of businesses and governments to become more energy efficient in order to meet requirements to reduce harmful emissions'. Ridgewood Capital is part of the The Ridgewood Companies, an investment group that also invests in oil/gas opportunities and renewable energy.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 11 |
| Sector: Utilities M&A | 2 of 2 |
| Type: M&A Deals | 1 of 1 |
| State: Connecticut M&A | 1 of 1 |
| Country: United States M&A | 11 of 11 |
| Year: 2018 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-22 |
Neptune Regional Transmission System
Fairfield, Connecticut, United States Neptune Regional Transmission System is a power transmission cable that connects New Jersey and Long Island. Neptune provides up to 660 MW of power to Long Island electricity consumers – enough for 600,000 homes — and supplies more than 20 percent of Long Island’s typical electricity demand. Neptune Regional Transmission System is based in Fairfield, Connecticut. |
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