ArcLight Capital Partners closed its first continuation fund, the ArcLight Renewable Infrastructure Fund SM SPV earlier this month.
The fund also acquired a 25% interest in the 192MW Sidney Murray Hydroelectric Project from ArcLight Energy Partners Fund V, which originally purchased the stake in Sidney Murray in 2011. The balance of Sidney Murray is owned by affiliates of Brookfield.
Late last year, Metlife provided financing to Brookfield Renewable Partners for the Louisiana hydroelectric facility.
"Sidney Murray  . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators