Announced
Financials
Sources
Tags
Pending
Single Bidder
Majority
Private Equity
Infrastructure
offshore wind projects
Renewable Energy Equipment
United States
Friendly
Acquisition
Private
energy project
Cross Border
Synopsis
Fengate Asset Management, an alternative investment manager, agreed to acquire the 160 MW Prairie Switch wind project from Triple Oak Power, an operator of energy generation projects. Financial terms were not disclosed. "We appreciate working with Triple Oak Power on this important acquisition as it fully aligns with Fengate's build-to-core strategy and commitment to invest in renewable energy projects on behalf of our investors. Fengate is pleased to partner with Meta and GE on this project to deliver clean and reliable energy," Greg Calhoun, Fengate Managing Director of Infrastructure Investments.
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