Hull Street Energy Partners III fund — power-sector transition platform (initial investment 300 MW NY generation; subsequent Midwest peakers and Elwood Energy IL)
Hull Street Energy closes third institutional fund at ~$2.2B targeting power-sector transition (gas peakers, renewables, BESS). First investment: 300 MW New York power generation. Subsequent acquisitions of Midwest gas peaker assets and Elwood Energy (Joliet, IL).
$2.20B
Deal Value
Hybrid
Technology
Multi-state
Location
Deal Details
- Deal Type
- Strategic & Growth Capital
- Seller / Sponsor
- Hull Street Energy
- Buyer / Financier
- Institutional LPs (undisclosed)
- Deal Value
- ~$2.2B
- Stage
- Development + Operating
- ISO/RTO
- Multiple
- Source
- Alternatives Watch
Service Providers
Advisory & Legal
- Sponsor Counsel
- DLA Piper
- Financial Advisor
- Campbell Lutyens
- notes
- DLA Piper as fund counsel; Campbell Lutyens as global placement agent.
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