Acquisition of two US onshore wind projects

CIP 2 onshore wind projects
Transaction:
Acquisitions
Date:
Jul 2016
Deal Value:
Not disclosed
Process:
Private process
Industry:
Renewables

FIH Partners advised Copenhagen Infrastructure Partners on acquiring two onshore wind projects in Texas, United States.On behalf of Copenhagen Infrastructure II, Copenhagen Infrastructure Partners acquired 100% of the US onshore wind projects Bearkat Renewable Energy Project, LLC (366 MW) in Glasscock County, Texas and Blue Cloud Renewable Energy Project, LLC (150 MW) in Bailey and Lamb Counties, Texas. The projects are developed by TriGlobal Energy in cooperation with the local communities.
FIH Partners acted as exclusive financial advisor to Copenhagen Infrastructure Partners in the acquisition of the projects.
The parties have agreed not to disclose the value of the investment.