Beacon Power Assets to Be Sold to Rockland Capital
TYNGSBORO, MA – February 6, 2012 — Rockland Capital, LLC (“Rockland”) a leading private equity firm focused on energy-related investments, will acquire Beacon Power Corporation’s 20-megawatt flywheel energy storage plant in Stephentown, New York, and most of the other assets of the Company, based on its offer made February 3, 2012, in accordance with the […]
Rockland Affiliate to Acquire Eagle Point Power Generation from Sunoco
HOUSTON, TX – February 3, 2012 — Rockland Capital, LLC (“Rockland”) announced today that an affiliate company is acquiring the Eagle Point power generation facility (“Eagle Point”) from Sunoco, Inc. Financial terms of the transaction were not disclosed. Eagle Point, a nameplate 225 MW natural gas-fired power facility located in Westville, New Jersey, began commercial […]
La Paloma Refi Closes with Novel Hedge
Posted with permission from SparkSpread August 26, 2011, by Victor Kremer Bank of America Merrill Lynch and Macquarie Capital yesterday closed a refinancing of the 1,022 MW La Paloma power plant in California, in a deal that includes a first-of-its-kind sparkspread hedge. SunTrust Robinson Humphrey acted as co-manager on the deal on behalf of owners […]
Rockland Capital Announces Investment in Gregory Power Partners
HOUSTON, TX – June 9, 2011 — Rockland Capital, LLC (“Rockland”) announced today that its affiliate, RC Delta Holdings, LLC is acquiring a managing interest in Gregory Power Partners (“Gregory”), a natural gas-fired power facility located in Gregory, Texas. Rockland is acquiring the project from an affiliate of Arroyo Energy Investors LLC. Financial terms of […]
Rockland Capital Closes Rockland Power Partners at $333.1 Million
HOUSTON, TX – January 6, 2011 — Rockland Capital, LLC (“Rockland”), a private equity firm focused on the acquisition and optimization of companies in the North American power sector, today announced that it has successfully closed the firm’s debut institutional fund, Rockland Power Partners, LP (“RPP”), with $333.1 million in commitments in December 2010. The […]
Rockland Capital Announces Hiring of Terry Everett As Chief Financial Officer
HOUSTON, TX – November 8, 2010 — Rockland Capital, LLC (“Rockland”) announced today that Terry E. Everett has joined the Rockland team as Chief Financial Officer. She will be responsible for the financial management and administration of Rockland, its funds and portfolio companies. Ms. Everett will also serve as the firm’s Chief Compliance Officer. Ms. […]
Rockland Capital Announces Investment in La Paloma
HOUSTON, TX – April 30, 2010 — Rockland Capital, LLC (“Rockland”) announced today that its affiliate, RC La Paloma Holdings, LLC, is acquiring an interest in the La Paloma Generating Plant (“La Paloma”), a natural gas-fired power facility located in McKittrick, California. At the same time, Rockland entered into an agreement to oversee management of […]
RC Cape May Receives Interconnection Study From PJM
Houston, TX – January 29, 2010 — Rockland Capital, LLC (“Rockland”) announced today that its affiliate, RC Cape May Holdings, LLC (“Cape May”), was issued a generation interconnection study from PJM for a solar development at its BL England facility. Cape May is developing a 4 megawatt photovoltaic solar generating facility adjacent to the 447 […]
Tradewinds Closes Merger with GMO Renewable Resources
Houston, TX – December 30, 2009 — Rockland Capital, LLC (“Rockland”) announced the merger of Tradewinds Forest Products, LLC (“Tradewinds”) with LHF Lopiwa, LLC (“Lopiwa”) an affiliate of GMO Renewable Resources, LLC (“GMO”). Tradewinds is developing a veneer mill and cogeneration facility on the Island of Hawaii. Through Lopiwa, GMO controls the Hamakua Timber Plantation, […]
Rockland Capital Announces Sale of Midland Cogeneration Venture
HOUSTON, TX – March 18, 2009 — Rockland Capital, LLC (“Rockland”) announced today the sale of Midland Cogeneration Venture (“MCV”) to EQT Infrastructure Fund and Fortistar. Closing is expected within 60 days, subject to regulatory approvals. MCV is a 1,500 MW natural gas-fired cogeneration facility located in Midland, Michigan. Financial terms were not disclosed. Rockland […]