Energy Capital Partners (ECP), a leading investor across energy transition, electrification, and decarbonization infrastructure assets, announced that it has entered into a definitive agreement to sale its 50% stake in Terra-Gen Power Holdings II, LLC (Terra-Gen), intending to fully exit its position in Terra-Gen, one of the largest independent renewable energy power producers in the United States. The transaction is expected to close by the end of 2024 and will position Terra-Gen to continue building on the significant growth and transformation realized under ECP’s ownership.
Latham & Watkins LLP is advising ECP in the transaction with a corporate deal team led by New York partners David Kurzweil and Jane Greyf and New York counsel Alyssa Galinsky, with associates Daley King, Jordan Wampler, Sofia Skara, and Jonathan Kow.
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