ECP Successfully Closes Acquisition of Grain LNG with Centrica plc
Energy Capital Partners (“ECP”), a leading investment firm in the energy transition infrastructure sector, along with its 50/50 joint venture partner Centrica plc (“Centrica), today announced the completion of the Grain LNG acquisition from National Grid for an enterprise value of approximately £1.5 billion.
Energy Capital Partners (ECP) Acquires Majority Interest in PROENERGY
Energy Capital Partners (“ECP") has acquired a majority interest in PROENERGY Holdings (“PROENERGY”), a vertically integrated aeroderivative gas turbine platform with a 2.4 GW fleet of contracted peakers in Texas, from affiliates of Eos Partners and ACON Investments. Financial terms were not disclosed.
Energy Capital Partners (ECP) Completes $6.7 Billion Fundraise
Energy Capital Partners (“ECP”), a leading investor across energy transition, electrification and decarbonization infrastructure assets, today announced the successful final closing of its fifth flagship equity strategy, ECP V (“Fund V”), with total capital commitments of $4.4 billion. ECP exceeded its initial $4.0 billion target for Fund V by 10 percent and also raised an additional $2.3 billion of co-investment capital, reflecting the strong and continued support for ECP’s flagship equity strategy.
Energy Capital Partners Acquires Triple Oak Power from EnCap Investments L.P.
Energy Capital Partners (“ECP") today announced that it has acquired Triple Oak Power ("Triple Oak") from EnCap Energy Transition Fund I (“EnCap") and its co-investors, Yorktown Partners and Mercuria Energy.
Energy Capital Partners and Former GIP Credit Partners Launch ECP ForeStar Sustainable Credit Platform
Energy Capital Partners (“ECP”), a leading energy transition-focused investor with a nearly two-decades-long track record of investments in the electricity, clean energy, renewable and sustainable infrastructure sectors, today announced that a team led by former Global Infrastructure Partners’ (“GIP”) partners, Jennifer Powers and Reiner Boehning, will merge into ECP’s dedicated credit investing business and launch a sustainable credit platform named ECP ForeStar, which will offer credit solutions to a broad array of businesses focused on climate transition, decarbonization and sustainable solutions. The platform will significantly grow ECP’s existing credit strategy with an expanded team and over $2.5 billion in initial capital allocations.
