Deal Snapshot
EXCELSIOR ENERGY CAPITAL CLOSES ON ACQUISITION OF 109MW OPERATING WIND PORTFOLIO FROM INVENERGY
Monday 13 January 2020

US-based renewable energy investor Excelsior Energy Capital's North American Renewable Energy Fund has closed on the acquisition of 90.1% of Invenergy's sponsor equity interests in the combined 109mw Prairie Breeze II and Prairie Breeze III projects, located in Antelope and Boone counties, Nebraska, the company said.
Concurrent with the acquisition closing, Excelsior closed on back-leverage financing for the projects with NORD/LB. The projects benefit from an over three-year operating track record having begun operations in late 2015, and early 2016, respectively.


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Details
Date Published: 13/01/2020
Target: 90.1% of Invenergy, ´s sponsor equity interests in the combined 109mw Prairie Breeze II and Prairie Breeze III projects
Country: USA
Sector: Alternative Energy
Type: Corporate acquisition
Financing: Cash and Stock
Status: Agreed
Vendor: Invenergy
Buyer: Excelsior Energy Capital, ´s North American Renewable Energy Fund
Comment:
Terms of the deal were not disclosed

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