Silver Star I Wind Power Project
An Ares Management infrastructure fund closed the acquisition of three operating Texas wind facilities from BP Wind Energy, including the Silver Star project.
52.8MW
Capacity
Wind
Technology
TX
Location
Deal Details
- Deal Type
- Portfolio acquisition
- Seller / Sponsor
- BP Wind Energy
- Buyer / Financier
- Ares Management
- Deal Value
- Undisclosed
- Stage
- operating
- ISO/RTO
- ERCOT
- Source
- Business Wire
Related Deals
Lincoln Land Wind — 302 MW (107 GE 2.82-127 turbines), Morgan County IL
Apex Clean Energy → Ares Management Infrastructure & Power funds
302 MW
X-Energy Xe-100 SMR + TRISO fuel technology
X-Energy Reactor Company → Ares Acquisition Corp (SPAC)
$2B pre-money EV (deal terminated 2023)
Orion Solar Belt — 1.3 GW portfolio of 4 utility-scale solar projects (Orion I, Eiffel, Orion II, Orion III), Milam County, TX — 875 MWdc using 1.3M American-made First Solar modules
SB Energy Global (SoftBank / Ares Management) → J.P. Morgan, Bank of America, Morgan Stanley Renewables, Truist Bank, MUFG, Mizuho Americas, ING, SMBC, CIBC, Fifth Third Bank, Société Générale
$2.4B+
Amazon Wind Farm Texas / Dermott Wind — 253 MW onshore wind, Scurry County, Texas (ERCOT). Original PPA signed Sept 2015 with Lincoln Clean Energy; LCE acquired by Ørsted Aug 2018. Project COD October 19, 2017.
Lincoln Clean Energy (acquired by Ørsted Aug 2018) → Amazon
Bethel Wind Energy Center — ~250 MW onshore wind, Castro County, Texas (ERCOT)
Southern Power / Invenergy → Google
WGL Holdings — Washington Gas Light + non-regulated power/marketing/midstream
AltaGas Ltd.
C$8.4B (~$6.4B USD; $88.25/share cash)
Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.