ECP (Energy Capital Partners)

ECP’s Senior Partner and Founder, Douglas Kimmelman, joined Brian Sullivan on CNBC’s Last Call to discuss the current dynamics in power markets, the politics of energy, demand growth from AI data centers and the role of renewables and gas fired generation.  Click below to watch full interview: https://lnkd.in/gTAeB4b4

Highlighting the news that ECP, alongside a consortium of co-investors, has formally announced the agreement to acquire Atlantica Sustainable Infrastructure Plc. in a take-private transaction valued at $2.6 billion (equity value). Atlantica boasts a diversified renewable and power platform with assets located primarily across the U.S. and Europe, aligning with ECP's proven strategy of identifying attractive and growing investments across the power and renewables landscape. ECP Partner Andrew Gilbert expressed enthusiasm about the collaboration, highlighting, "Atlantica’s employees and management team have a long and impressive track record of maximizing value across a complex set of global assets. ECP is excited about the opportunity to partner with the company and to support and accelerate its growth.” Click below for full press release: https://lnkd.in/gN7r8wua

ECP is thrilled to announce the successful final closing of our fifth flagship equity strategy, ECP V, exceeding our initial target by 10%. With total capital commitments of $4.4 billion, Fund V will continue our longstanding strategy of investing in infrastructure tied to electrification, decarbonization, reliability and sustainability. In tandem with this milestone, ECP has raised an additional $2.3 billion of co-investment capital, a portion of which supported the just announced the take-private of Atlantica Sustainable Infrastructure Plc, marking Fund V's eighth investment in two years. This $2.6 billion (equity value) acquisition underscores our ability to identify and execute on impactful investments across the power and renewable landscape. Read more about ECP V and our latest investments in the official press release: https://lnkd.in/gbszxgEz

Pivot Energy is proud to announce a new partnership with electric vehicle maker Rivian totaling 60 MW of #solar. Rivian has committed to purchasing Impact Renewable Energy Certificates generated from 50 MW of solar in Illinois and will subscribe to 10 MW of Pivot Community Solar for its Illinois manufacturing facility. This partnership demonstrates that #renewable resources can scale with the growing electricity demand as we transition away from fossil fuels. Click the link to read more! #communitysolar #EV #renewableenergy #solarenergy #RECs #decarbonization https://hubs.li/Q02ybftS0

Pleased to share ECP's Francesco Ciabatti, Matt Himler and Alexandra Witteveen are featured in Infrastructure Investor's 2024 Energy Transition Report, now available. In the article linked below, they discuss the extensive investment in infrastructure assets, particularly power generation, that is needed to support accelerating demand for electricity and an increasing need for grid reliability. #energytransition #electrification https://lnkd.in/g7vDqTP2

Today, Pivot Energy and Chaberton Energy are thrilled to announce their continued partnership on an innovative solar project in Cooksville, Maryland. The 4.3 megawatt system that's powering up today will expand access to solar energy in the community and help make a dent in Maryland's goal of reaching 50% renewable energy production by 2030. Read more about the project and the community it's supporting from the link below: https://hubs.li/Q02vLmK50

Today we had the honour of hosting members of federal, provincial and local governments, along with our many stakeholders and partners to celebrate Braya’s renewable legacy and 50 years at the Come By Chance Refinery. We are continuously grateful to our employees, communities and partners who have made significant contributions to reach this important milestone. #RenewableDiesel #EnergyTransition (From L to R back: Jim Stump (President of Refining), Todd O'Malley (CEO), Gayle Brenton-Smith (VP of HR & OHS), Hon. Andrew Parsons, Minister of Industry, Energy and Technology. From L to R front: Churence Rogers, MP Bonavista—Burin—Trinity, Hon. Seamus O'Regan, Minister of Labour and Seniors & Member of Parliament St. John’s South – Mount Pearl, Paul Burton( Refinery Manager), Hon. Andrew Furey, Premier of Newfoundland & Labrador, Mayor Carol Molloy, Come By Chance)

Jennifer Powers, ECP Partner and Managing Partner of ECP ForeStar, will be joining a panel of esteemed female industry leaders at this week's Kayo Conference Series Women's Infrastructure Summit, where discussions will focus on core concepts of sustainable finance, green investment strategies and financial instruments, and the integration of sustainable metrics into credit investing. For more details, click here: https://lnkd.in/gqimEzfu

Pivot Energy is thrilled to announce a landmark collaboration with Walmart to enable the construction of 72 megawatts (MW) of new solar projects across the US. The holistic agreement between the two companies highlights Walmart's continued leadership and innovation in clean energy investments and decarbonization strategies. Learn more about the groundbreaking partnership: https://hubs.li/Q02qKwnd0

We are thrilled to announce that Next Wave Energy Partners, LP has officially commenced commercial operations of its ethylene-to-alkylate production facility. Next Wave's state-of-the-art facility marks a significant milestone for the future of energy efficiency, bringing forth solutions to meet evolving market demands and decarbonization goals. "ECP is proud to have partnered with Next Wave, a company that has been at the forefront of the U.S. energy revolution. Next Wave remains committed to producing a product that enhances transportation fuel efficiency and doing so with adherence to safe and reliable operations," said Pete Labbat, Managing Partner at ECP. Full press release linked here: https://lnkd.in/d_U-Y-MX Congratulations to the entire team at Next Wave on achieving this remarkable milestone! #EnergyEfficiency #Decarbonization