Rockland Capital Announces Acquisition of the Kimura Peaker Portfolio
HOUSTON, TX – March 27, 2018 – Rockland Capital, LLC (“Rockland”) announced today that one of its funds has acquired 100% of the interests in Kimura Peaker Portfolio (the “Portfolio”) from AES Ohio Generation, LLC. The Portfolio is 973 MW (summer rating) and comprised of natural gas and oil-fired peaking facilities located in Ohio and Indiana. The […]
Rockland Capital Exits PJM Peaker Portfolio
HOUSTON, TX – July 5, 2017 – Rockland Capital, LLC (“Rockland”) closed the sale of a portfolio of PJM peaking plants to a fund managed by the Carlyle Group. The sale involved the 484 MW Elgin facility, the 349 MW Rocky Road facility and the 180 MW Tilton facility, all located in Illinois. Elgin and […]
Rockland Capital Announces Acquisition of Nevada Cogeneration Associates #2 and Pasco Power
HOUSTON, TX – September 13, 2016 – Rockland Capital, LLC (“Rockland”) announced today that one of its funds has entered into agreements to acquire 100% of the interests in a combined cycle cogeneration facility located in Clark County, Nevada (“NCA2”) and a dual-fuel combined cycle facility located in Pasco County, Florida (“Pasco”) from affiliates of […]
$119 million Refinancing of Elgin Energy Center
HOUSTON, TX – April 28, 2016 — Rockland Capital, LLC (“Rockland”) announced today that it has closed the refinancing of Elgin Energy Center, LLC (“Elgin” or the “Project”). GE Capital EFS Financing, Inc., BNP Paribas and CIT Bank, N.A. led the transaction. The credit facility includes a five-year, $107.5 million senior secured term loan and […]
Rockland Capital Announces Acquisition of Victoria Power Station
HOUSTON, TX – June 1, 2016 — Rockland Capital, LLC (“Rockland”) announced today that its affiliate, Redback Power, LLC, has acquired a 100% interest in Victoria Power Station, a natural gas-fired combined cycle facility located in Victoria, Texas (“Victoria”). Rockland acquired its interest in Victoria from an affiliate of Arclight Capital Partners, LLC. Victoria is […]
Wolverine Power Holdings, LLC acquires 100% of the interests in Michigan Power LP, LLC
On December 17, 2015, Wolverine Power Holdings, LLC (“Wolverine”), an affiliate of Rockland Power Partners II, LP, acquired 100% of the interests in Michigan Power LP, LLC, which indirectly owns the Michigan Power Generating Facility (the “Project” or “Michigan Power”). Michigan Power is a 125 MW fully contracted, natural gas-fired combined cycle cogeneration plant located […]
Rockland Capital Announces Acquisition of Michigan Power LP, LLC
HOUSTON, TX – October 6, 2015 — Rockland Capital, LLC (“Rockland”) announced today that Wolverine Power Holdings, LLC, a subsidiary of Rockland Power Partners II, LP, has entered into an agreement to acquire 100% of the interests in Michigan Power LP, LLC (“Michigan Power”), the owner of a cogeneration facility located in Ludington, Michigan. Wolverine […]
Rockland Capital Announces Sale of Renewable Portfolio
HOUSTON, TX – July 27, 2015 — Rockland Capital, LLC (“Rockland”) announced today that it has signed an agreement to sell 71 megawatts (MW) of renewable generation assets to TransAlta Corporation (“TransAlta”) (TSX: TA; NYSE: TAC) for a purchase price of US$ 75.8 million plus the assumption of US$ 41.8 million of existing non-recourse project […]
Beacon Power Flywheel Energy Storage Plant Reaches Full Commercial Operation
TYNGSBORO, MA – July 31, 2014 — Beacon Power, LLC (“Beacon”) the world’s leading manufacturer of grid-scale flywheel energy storage systems, reached full commercial operations at their flywheel energy storage plant in Hazle Township, Pennsylvania. The plant includes 200 flywheels and provides 20 MW of frequency regulation to the PJM interconnection market — the world’s […]
Rockland Capital Completes Acquisition of Sabine Cogen Interest
HOUSTON, TX – May 23, 2014 — Rockland Capital, LLC (“Rockland”) announced today that its affiliate, Bayou Power, LLC, has completed its acquisition of a 50% interest in Sabine Cogen, a natural gas-fired cogeneration facility located in Orange, Texas (“Sabine”). Rockland acquired its interest in Sabine from an affiliate of ArcLight Capital Partners, LLC. Sabine, […]