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M&AClosedPress / newsJanuary 8, 2024

Triple Oak Power — 8 GW onshore wind development platform focused on central and western US markets

ECP acquires preeminent US wind development platform from EnCap. Portfolio of 8+ GW predominantly utility-scale wind opportunities in central and western US. Co-sellers include Yorktown Partners and Mercuria Energy. [Pricing backfilled from LBNL Utility-Scale Solar 2025 dataset (CC-BY 4.0): EIA ID 63940, levelized 2024$/MWh.]

$500M

Deal Value

8,000MW

Capacity

Wind

Technology

Multi-state

Location

Project: Triple Oak PowerAsset profile →
MarketsWindSPP

Deal Details

Deal Type
Corporate M&A
Seller / Sponsor
EnCap Investments
Buyer / Financier
Energy Capital Partners
Deal Value
$500M-$750M
Stage
Development
ISO/RTO
MISO, SPP, WECC

Service Providers

Advisory & Legal

Seller Financial Advisor
Marathon Capital
Seller Counsel
Sidley Austin
Buyer Counsel
Latham & Watkins

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