Announced
Completed
Financials
Sources
Tags
hydropower
Single Bidder
Friendly
Private Equity
Domestic
Acquisition
Private
Renewable Energy Equipment
United States
Majority
Completed
Synopsis
Argo Infrastructure Partners, an independent fund manager, completed the acquisition of a 50% stake in a 378MW US hydroelectric portfolio of Brookfield Renewable, a renewable power platform. Financial terms were not disclosed. “We and our investor partners are pleased to invest in the Smoky portfolio. As one of the largest scale renewable and hydroelectric assets in the Tennessee Valley region, Smoky contributes materially to the transition to a clean energy future by providing on-peak/on-demand carbon-free electricity,” Brice Soucy, Argo Principal.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.