Jan 21, 2020
Energy Capital Partners (ECP) today announced the closing of its flagship ECP Fund IV ("Fund IV" or the "Fund"), with capital commitments of $3.3 billion. ECP also raised an additional $3.5 billion for co-investment opportunities over the last two and a half years, the majority of which was for its landmark $17 billion take-private acquisition of Calpine Corporation. Fund IV will continue ECP's strategy of investing in infrastructure within the core sectors of natural gas power generation, renewables and storage solutions, midstream, and environmental infrastructure, while avoiding the upstream and E&P sectors.
Dec 03, 2019
USD Partners LP (NYSE:USDP) (the “Partnership”) announced today that it has executed long-term, multi-year renewals for the remaining capacity at its Hardisty Terminal with ConocoPhillips Canada. Including these recent renewals, the Partnership has executed multi-year extensions for 100% of the capacity at its Hardisty Terminal. Also, in association with its Sponsor’s recently announced Joint Venture with Gibson Energy Inc. to construct a diluent recovery unit (the “DRU”) adjacent to the Hardisty Terminal, a material amount of the Hardisty Terminal’s current capacity will be extended beyond 2030, pending the successful construction and completion of the DRU.
Sep 30, 2019
Canadian Utilities Limited (CU), an ATCO company, has completed the previously announced sale of its Canadian fossil fuel-based electricity generation portfolio in a series of three transactions.
Jul 10, 2019
Private equity firm Energy Capital Partners has bought its way into the energy storage development business with Convergent Energy + Power, the companies announced Wednesday. New York-based Convergent develops, owns and operates large-scale storage for industrial customers and utilities. It distinguished itself as a rare startup that chose to self-fund its projects, raising $70 million to do so. Convergent also took the title for largest commercial and industrial storage project, with a 10-megawatt/20-megawatt-hour system in Ontario, Canada.
May 27, 2019
Canadian Utilities Limited (CU), an ATCO company, announced today that it has entered into definitive agreements to sell its entire Canadian fossil fuel-based electricity generation portfolio for aggregate proceeds of approximately $835 million, subject to customary closing adjustments. The sale concludes a strategic evaluation announced September 13, 2018.
Mar 11, 2019
We are pleased to announce that Energy Capital Partners’ $17 billion take-private of one of the largest natural gas generators in the U.S. (with 80 natural gas and geothermal power plants representing 26 GW in total capacity) was named Private Equity International Infrastructure Investor’s North American Deal of the Year, edging out CPPIB’s C$1.75 billion joint venture with Enbridge Inc. and Transurban’s acquisition of a toll road in Montreal, Canada.
Oct 17, 2018
Energy Capital Partners (“ECP”) and Investec Bank plc (“Investec”) have successfully closed the debt financing of ECP’s 1.2 GW Combined Cycle Gas Turbine (“CCGT”) facility located at the Saltend Chemicals Park near Hull, UK.
Oct 01, 2018
Energy Capital Partners ("ECP") has entered into a definitive agreement to sell Wheelabrator Technologies Inc. ("Wheelabrator", or "the Company"), a leading owner and operator of waste-to-energy ("WtE") facilities, to Macquarie Infrastructure Partners ("MIP"), which operates within the Macquarie Infrastructure and Real Assets ("MIRA") division of Macquarie Group.
Sep 12, 2018
Energy Capital Partners ("ECP" or "the Firm") today announced that Trent Kososki and Matt DeNichilo, longstanding members of the Firm who lead its credit investing effort, have been promoted to Partners of the Firm.
May 01, 2018
Energy Capital Partners, (“ECP” or “the firm”) a leading private equity and credit investment firm focused on North America’s energy infrastructure, announced today that Kevin Clayton has joined the firm as Partner and leader of its Investor Relations team.
Apr 09, 2018
Vistra Energy Corp. (NYSE: VST), the parent company for TXU Energy and Luminant, today announced it has completed its previously announced merger with Dynegy Inc. (NYSE: DYN). The closing of the transaction follows the overwhelming approval from stockholders of both Vistra Energy Corp. and Dynegy Inc. in March, and the receipt of all required regulatory approvals.
Mar 19, 2018
CIG Logistics announced today that it has reached agreement with U.S. Silica Holdings, Inc. (NYSE: SLCA) for the acquisition of three large, strategically-located transload terminals owned by U.S. Silica in the Permian Basin and Eagle Ford and Marcellus shale plays.
Mar 08, 2018
Calpine Corporation (NYSE: CPN) today announced the completion of the acquisition of Calpine by an affiliate of Energy Capital Partners and a consortium of other investors, including Access Industries Inc. and Canada Pension Plan Investment Board (CPPIB).
Mar 02, 2018
Sendero Midstream Partners, LP ("Sendero") announced today that during the fourth quarter of 2017 it placed into service a new state-of-the-art cryogenic natural gas processing plant capable of processing over 130 million cubic feet of gas per day along with the initial phases of its natural gas gathering pipeline system, gas compression and dehydration facilities in Eddy County, New Mexico.
Feb 16, 2018
CIG Logistics announced today that it has acquired the SANDSTORM product suite from Propell Oilfield Equipment, a TYCROP company.
Jan 30, 2018
Gopher Resource LLC, of Eagan announced today that it has agreed to be acquired by Energy Capital Partners (ECP), a private equity firm based in New Jersey. The two parties expect to close the transaction on or around March 6, 2018.
Nov 02, 2017
Triton Power, a newly-formed entity wholly owned by Energy Capital Partners III (“ECP III”), has agreed to acquire a 1.8 GW portfolio of primarily gas-fired power plants located in the UK (the “Triton Portfolio”) from IPM Holdings (UK) Limited, an entity owned by ENGIE SA (75%) and Mitsui & Co (25%).
Aug 18, 2017
Calpine Corporation (NYSE:CPN), America’s largest generator of electricity from natural gas and geothermal resources, today announced that it has entered into a definitive agreement under which Energy Capital Partners (Energy Capital or ECP) along with a consortium of investors led by Access Industries and Canada Pension Plan Investment Board will acquire Calpine for $15.25 per share in cash, or $5.6 billion.
Mar 16, 2017
ProPetro Holding Corp (NYSE: PUMP) (the “Company”) announced today that it has priced the initial public offering of 25,000,000 shares of its common stock at $14.00 per share, of which 13,250,000 shares are to be sold by the Company and 11,750,000 shares are to be sold by the selling stockholders named in the registration statement on Form S-1 filed previously with the U.S. Securities and Exchange Commission (“SEC”). The shares are expected to begin trading on the New York Stock Exchange on March 17, 2017 under the ticker symbol “PUMP.”
Feb 07, 2017
Dynegy Inc. (NYSE: DYN) today completed its acquisition of ENGIE’s United States portfolio for a total purchase price of $3.3 billion.
Feb 02, 2017
Ramaco Resources, Inc. (NASDAQ:METC) (“Ramaco”) announced today the pricing of its initial public offering of 6,000,000 shares of its common stock at $13.50 per share. Ramaco is offering 3,800,000 shares of its common stock and the selling stockholders named in the registration statement (the “Selling Stockholders”) on Form S-1 filed previously with the Securities and Exchange Commission (the “SEC”) are offering 2,200,000 shares of Ramaco’s common stock.
Jan 04, 2017
Sendero Midstream Partners, LP (“Sendero”) announced today that it has secured long-term producer commitments and sufficient funding from Energy Capital Partners for the construction of a natural gas gathering and processing system located near the city of Carlsbad in Eddy County, New Mexico.
Dec 20, 2016
AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, and EnergySolutions, a nuclear waste management and decommissioning services firm, announced today they have been selected as the decommissioning general contractor for San Onofre Nuclear Generating Station through their joint venture, SONGS Decommissioning Solutions (SDS), by Southern California Edison (SCE).
Oct 19, 2016
Today, Energy Capital Partners announced the closing of the sale of its 100% equity interests in Broad River Power Holdings, LLC (“Broad River”), an 847 MW simple cycle gas-fired power plant in South Carolina, to an affiliate of Arroyo Energy Investors Fund II, L.P. Broad River began commercial operations in June 2000 and has two long-term power purchase agreements in-place with Duke Energy Progress, a subsidiary of Duke Energy Corp.
Oct 13, 2016
Energy Capital Partners today announced that it has entered into a definitive agreement to sell 100% of the equity interests in Empire Generating Company (“Empire”), a 635 MW dual-fuel combined cycle generating facility located in Rensselaer, NY that sells electricity and capacity into the New York ISO market area. Energy Capital purchased Empire in July 2007 during its development stage and prior to construction commencement. The plant began commercial operations in September 2010 after a successful three year construction period.