United Wind, a premiere provider of distributed wind-power solutions, and Forum Equity Partners, a leading alternative investment management and principal investment firm. announced a deal that provides $200M in project equity capital for distributed wind projects throughout the U.S. The financing will significantly expand United Wind’s unique and market leading WindLease program, which enables residential…
NRG Yield to acquire 75% of NRG’s portfolio of wind assets
NRG Yield, Inc. has entered into an agreement with NRG to acquire 75% of the equity interests in a portfolio of wind projects. The projects primarily consist of assets acquired by NRG from Edison Mission Energy in April 2014 (EME Wind Portfolio) for $210 million in total cash consideration, subject to working capital adjustments, plus…
Centerbridge completes acquisition of wind turbine manufacturer Senvion
The wind turbine manufacturer Senvion SE, previously part of the Indian group Suzlon Energy Limited, has changed owners. Centerbridge Partners, through its Centerbridge Capital Partners private equity investing strategy, has successfully completed the acquisition of Hamburg-based Senvion. All the necessary administrative, legal and financial preparations for the transfer of ownership are now completed. The relevant…