ArcLight Sells French Wind Assets to AXA Private Equity
BOSTON, July 12 /PRNewswire/ -- ArcLight Capital Partners, LLC ("ArcLight"), through its wholly-owned French affiliate NeoElectra Group S.A.S. ("NEG") sold its French wind portfolio to Kallista Energy ("Kallista"), a renewable company owned by AXA Private Equity Infrastructure Funds ("AXA PE"); AXA PE earlier acquired Kallista from Babcock & Brown on July 31st 2009. NEG´s portfolio consisted of four wind farms totaling 28.5MW in Brittany: the Plouye wind farm was put into commercial operation in February 2005 and was powered by Neg Micon NM48, 750 kWs, and the Trebry, Lanfains and Le Haut Corlay wind farms began commercial operation in January 2006 and operated with Vestas NM64C 1.5MW wind turbines. NEG sold these assets in order to concentrate on building up its existing cogeneration and district heating business in France.
About ArcLight Capital Partners, LLC
ArcLight is one of the world's leading energy investment firms with more than $6.8 billion under management. ArcLight's investment team has extensive energy investing experience, industry relationships, and asset level knowledge. ArcLight is headquartered in Boston, Massachusetts with offices in New York City, London and Luxembourg. More information about ArcLight can be found at http://www.arclightcapital.com.
About AXA Private Equity
AXA Private Equity is a leading private equity firm with US$25 billion in managed assets and a global reach extending across Europe, North America and Asia. The firm offers investors the full spectrum of private equity services for every market segment: direct funds, infrastructure financing, mid cap and small cap buyouts, venture capital, co-investments, fund of funds as well as mezzanine financing. More information about AXA Private Equity can be found at http://www.axaprivateequity.com.
SOURCE ArcLight Capital Partners, LLC
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article