Starwood Energy Group Global, LLC (Starwood Energy) sold 49% of its interest in the Horse Creek And Electra wind farms both located in Texas. The two wind farms are identical and have a rated capacity of roughly 230MW while beginning operations in 2016, by Starwood Energy.
The leading private investment firm is based in Greenwich, CT and specializes in ‘energy infrastructure investments, with a focus on natural gas and renewable power generation, transmission, storage and related projects.’
Senior Managing Director and Co-Head of Starwood Energy Group, Himanshu Saxena said, “We are excited to be partnering with an organization with MEAG’s reputation and capabilities. We look forward to the continued success of the Horse Creek and Electra projects, as well as the growth of our relationship with the MEAG team.”
MEAG Managing Director, Holger Kerzel said, “The investment makes an attractive and sustainable contribution to the continued geographical diversification and expansion of our US infrastructure portfolio. Around 200,000 US households are provided with renewable electricity from these wind farms. We are now looking forward to working with our new partner Starwood.”
According to their press release: Starwood Energy Group is a private investment firm based in Greenwich, CT that specializes in energy infrastructure investments, with a focus on natural gas and renewable power generation, transmission, storage and related projects.