Announced
Completed
Financials
Sources
Tags
Acquisition
Friendly
renewable energy
United States
Domestic
Private
Single Bidder
bioenergy
Private Equity
Alternative Fuels
Completed
Synopsis
Blackstone Credit-backed ClearGen, a renewable energy company, and Goldman Sachs’ Asset Management, an investment company, completed the acquisition of 25 wind farms, from MUFG, a financial holding company. Financial terms were not disclosed. “ClearGen is excited to provide a unique solution to MUFG by utilizing Blackstone Credit’s efficient cost of capital and the partnership with Goldman. The transaction adds significant scale to our portfolio of diversified, contracted renewable energy holdings,” Rob Howard, ClearGen CEO.
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