Terra-Gen is an owner, operator and developer of utility-scale renewable and clean energy assets with facilities located across the western U.S. The company has approximately 9 GW of utility-scale wind, solar, and storage assets currently in operation or under development.
ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company to First Sentier Investors. The transaction will provide additional capital to support Terra-Gen’s next phase of growth, while allowing ECP III to fully exit its original investment in the Company.
First State Investments (FSI), a leading global investor in infrastructure, and Energy Capital Partners (ECP), a leading power and renewables private equity investor, today announced that FSI is acquiring a 40% stake in Terra-Gen from ECP. Terms were not disclosed.
Energy Capital Partners today announced it closed on the
acquisition of Terra-Gen, LLC, the owner, operator and developer of utility-scale renewable and clean energy assets. Located throughout the western United States, Terra-Gen’s 653 MW portfolio spans 21
facilities and includes a diverse mix of wind (497 MW), solar thermal (89 MW) and geothermal (67 MW) plants.
ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company to First Sentier Investors. The transaction will provide additional capital to support Terra-Gen’s next phase of growth, while allowing ECP III to fully exit its original investment in the Company.
First State Investments (FSI), a leading global investor in infrastructure, and Energy Capital Partners (ECP), a leading power and renewables private equity investor, today announced that FSI is acquiring a 40% stake in Terra-Gen from ECP. Terms were not disclosed.
Energy Capital Partners today announced it closed on the
acquisition of Terra-Gen, LLC, the owner, operator and developer of utility-scale renewable and clean energy assets. Located throughout the western United States, Terra-Gen’s 653 MW portfolio spans 21
facilities and includes a diverse mix of wind (497 MW), solar thermal (89 MW) and geothermal (67 MW) plants.
Investors 2
| Date | Name | Website |
| - | Energy Cap... | ecpgp.com |
| - | Global Inf... | global-inf... |
Mentions in press and media 8
| Date | Title | Description |
| 02.10.2024 | Masdar closes acquisition of US IPP Terra-Gen | - |
| 01.10.2024 | Masdar Accelerates U.S. Renewables Expansion, Closes Acquisition of 50% Stake in Terra-Gen | Masdar's joint ownership of Terra-Gen demonstrates long-term commitment to investing in and supporting U.S. energy transition Terra-Gen's gross operating portfolio comprises 3.8GW of wind, solar and battery storage projects, including 5.1GW... |
| 21.03.2024 | Masdar acquires 50% stake in US IPP Terra-Gen | - |
| 19.03.2024 | Masdar to Acquire 50% Stake in Terra-Gen from Energy Capital Partners | Investment highlights Masdar's long-term commitment to and confidence in the U.S. renewable energy market Masdar to help accelerate Terra-Gen's growth as a leading developer and operator of utility-scale clean energy projects Strategic inve... |
| 21.09.2022 | Terra-Gen Secures $959 Million for a 410 MW Solar and 1.8 GWh Battery Storage Project | - |
| 26.07.2021 | Two California aggregators sign joint contracts for 778 MW of energy generation | Two California aggregators sign joint contracts for 778 MW of energy generation By SB Staff July 26, 2021 View Profile Central Coast Community Energy (CCCE) and Silicon Valley Clean Energy (SVCE) have executed seven PPAs, equating to 778 MW... |
| 21.07.2010 | Terra-Gen Power Closes $1.2B in Financing to Build Nation's Largest Wind Farm | Terra-Gen Power announced closing $1.2 billion in construction financing and wind turbine orders. The company will build four wind power projects for the Alta Wind Energy Center in Kern County, California, for which Vestas-American Wind Tec... |
| - | Electrify America announces new solar energy farm that can generate up to 75 MW per hour | EV charging network Electrify America has announced the start of a 15-year virtual power purchase agreement (VPPA) with renewable energy developer Terra-Gen to build a sustainable solar farm in Southern California. The project, named “Elect... |