Energy Capital Partners


May 25, 2022

Borrego, a leading developer, EPC and O&M provider for large-scale solar and energy storage projects throughout the United States, today announced that it has entered into a definitive agreement to spin off and sell its development business, including its project pipeline of over 8.4 GW of solar and 6.4 GW/25 GWh of energy storage, to ECP, a leading energy transition-focused investor with an almost two decades-long reputation in the electricity, renewable and sustainable solutions sector.

May 24, 2022

Community Solar Subscriptions to Provide Access to Benefits of Renewable Energy for Thousands of Coloradan Households

May 06, 2022

While renewable and decarbonisation project growth has been impressive, ECP senior partner Doug Kimmelman and partner Andrew Gilbert note that reliability and affordability remain imperative.

Feb 28, 2022

MINNEAPOLIS, February 28, 2022--(BUSINESS WIRE)--Restaurant Technologies, Inc. (the "Company") today announced that the Infrastructure investing business within Goldman Sachs Asset Management ("Goldman Sachs") has entered into a definitive agreement to sell its ownership in the Company to ECP, a leading investor with an almost two decades-long reputation in the renewable and environmental sustainability sector, in partnership with current Restaurant Technologies investor Continental Grain Company.

Jan 19, 2022

Amp Energy (“Amp”), a global Energy Transition Platform and renewable energy developer, announced today the closing of an innovative $350 million cross-jurisdictional credit facility with a consortium of leading institutional investors including Brookfield Asset Management, a leading sovereign wealth fund, and Nomura Securities. Brookfield Asset Management and the leading sovereign wealth fund served as the main investors in this transaction. ECP will join the consortium post closing.

Nov 30, 2021

EnergySolutions (the “Company”), today announced that current shareholder TriArtisan Capital Advisors LLC (“TriArtisan”) has signed a definitive agreement to acquire the remaining ownership interest in the Company from its current majority owner ECP. Terms of the transaction were not disclosed.

Nov 08, 2021

ECP, an investor with a decades-long reputation in the electricity, renewable and sustainable solutions sector, today announced that it has published its 2020 Environmental, Social and Governance (ESG) Report. The full report details the firm's longstanding leadership in ESG, its decarbonization investment approach and the breadth and depth of this commitment across the ECP portfolio.

Nov 01, 2021

ECP, an investor with a decades-long reputation in the renewable and sustainable solutions sector, today announced it has appointed Vicky Bailey as a senior advisor to the firm, effective November 1, 2021.

Aug 18, 2021

Calpine Corporation (Calpine), America’s premier privately held competitive power company, published its first-ever sustainability report today. The report highlights Calpine’s performance through an environmental, social and governance (ESG) lens, examining the company’s state-of-the-art portfolio of clean, flexible, and reliable power plants and renewable generation. Today, Calpine is the nation’s largest generator of electricity from natural gas and geothermal resources, generating more than 111 million megawatt hours (MWh) in 2020.

Jun 02, 2021

ECP, an investor with a decades-long reputation in the renewable and sustainable solutions sector, today announced that it has acquired Pivot Energy ("Pivot" or the "Company"), a national commercial and community solar developer. Following receipt of all necessary approvals and satisfaction of closing conditions, the transaction closed on June 1, 2021. Financial details of the transaction were not disclosed.

May 20, 2021

ECP today announced that it has established a strategic partnership with Hana Financial Investment, a subsidiary of Hana Financial Group, Korea's fourth-largest banking group by assets, to deploy up to $300 million in debt investments across various infrastructure opportunities in North America, Europe and other OECD countries. The objective is to seek attractive risk-adjusted returns and strong downside protection through credit investments across ECP's key areas of infrastructure expertise, including power generation, renewables, energy storage, environmental infrastructure, and efficiency and reliability assets. The mandate contemplates investments across various debt structures including senior, subordinated, and unitranche opportunities.

Apr 01, 2021

NEW YORK and SUMMIT, N.J. – Global investment firm The Carlyle Group (NASDAQ: CG) announced
today that it has agreed to sell Liberty Tire Recycling (“Liberty” or the “Company”) to ECP, an investor with
a decades‐long reputation in the environmental and sustainable solutions sector. The transaction is
subject to customary closing conditions and is expected to close in the second quarter of 2021.

Apr 01, 2021

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.

Apr 01, 2021

Nesco Holdings, Inc. (NYSE: NSCO) ("Nesco"), which has been renamed as Custom Truck One Source, Inc. (the "Company") effective today, in partnership with an affiliate of Platinum Equity, LLC ("Platinum"), today announced the closing of the previously announced transaction to acquire Custom Truck One Source, L.P. ("CTOS") for a purchase price of $1.475 billion. Nesco and CTOS are leading providers of specialized truck and heavy equipment solutions, including rental, sales and aftermarket parts and service.

Feb 17, 2021

Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), one of the leading U.S. residential solar and storage service providers, and Len X, LLC (“LENX”), a technology focused subsidiary of Lennar Corporation (“Lennar”) (NYSE: LEN and LEN.B), one of the nation’s leading homebuilders, announced today they have entered into a definitive agreement under which Sunnova will acquire Lennar’s residential solar platform (“SunStreet”). In addition to Sunnova’s acquisition of SunStreet, Sunnova will become Lennar’s exclusive residential solar and storage service provider for new home communities with solar across the country.

Aug 27, 2020

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.

Feb 24, 2020

CenterPoint Energy, Inc. (NYSE: CNP) today announced it has entered into an agreement to sell its natural gas retail business, CenterPoint Energy Services, Inc. (CES) to Energy Capital Partners, LLC, (ECP), a private equity and credit investor specializing in energy infrastructure projects, for total consideration of approximately $400 million, including estimated working capital at close, subject to the satisfaction of customary terms and conditions.

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.