popular articles

ArcLight’s Sequitur platform to acquire a wind farm in California

Sequitur Renewables, a portfolio company of ArcLight Capital Partners, LLC, has acquired an operational wind farm in California. This acquisition is part of Sequitur's strategy to increase its presence in the renewable energy sector.

Please share:

ArcLight Capital Partners, LLC (together with its subsidiaries) announced that its portfolio company, Sequitur Renewables, LLC (“Sequitur”), has acquired an operating wind farm in the Altamont Pass area of California. Sequitur was formed by ArcLight in 2022 with the acquisition of operating wind farms in Pennsylvania and West Virginia.

Focus on safety and profitability

Sequitur focuses on acquiring mature operational wind farms and implementing value-added operational, commercial and financial strategies. “Sequitur is pleased to complete another acquisition of an operating wind farm. We continue to evaluate other opportunities across the country to grow the platform while maintaining our focus on safety and profitability,” said Matt McCabe, Sequitur’s CEO. “ArcLight is excited to contribute to the Sequitur platform and help with its mission to deliver more carbon-free energy to markets from existing wind resources,” said Carter Ward, partner at ArcLight. Milbank acted as legal counsel in this transaction for ArcLight.

ArcLight Capital Partners, LLC is an experienced, value-added infrastructure investment firm specializing in middle markets. Founded in 2001, ArcLight helped establish infrastructure as an asset class by pioneering an asset-based private equity approach to investing in infrastructure, and has since built an experienced and successful investment platform. Based in Boston, ArcLight’s investment team takes a value-added, operations-based approach to investing that benefits from dedicated in-house technical, operational and business specialists, as well as the company’s approximately 1,800-person asset management operating partner.

Register free of charge for uninterrupted access.

Publicite

Recently published in

ACWA Power has signed a 25-year power purchase agreement (PPA) with EETC for the development of a 2 GW wind project in Egypt, representing a USD 2.3 billion investment and helping the country increase its renewable energy share.
The Canadian company Innergex has announced a tax equity investment for its Boswell Springs wind farm, as part of its expansion into the U.S. renewable energy sector. This move aims to optimize tax returns while strengthening its asset portfolio.
The Canadian company Innergex has announced a tax equity investment for its Boswell Springs wind farm, as part of its expansion into the U.S. renewable energy sector. This move aims to optimize tax returns while strengthening its asset portfolio.
Siemens Gamesa announces a €200 million investment to expand its Le Havre factory. The goal: to produce longer and more powerful wind turbine blades to remain competitive against China, the global leader in the sector.
Siemens Gamesa announces a €200 million investment to expand its Le Havre factory. The goal: to produce longer and more powerful wind turbine blades to remain competitive against China, the global leader in the sector.
Qualitas Energy appoints Clemens Susen as Head of Investment for Germany. Under the leadership of Johannes Overbeck, Co-CEO, he will oversee capital allocation toward strategic wind projects, focusing on repowering and greenfield developments.
Qualitas Energy appoints Clemens Susen as Head of Investment for Germany. Under the leadership of Johannes Overbeck, Co-CEO, he will oversee capital allocation toward strategic wind projects, focusing on repowering and greenfield developments.
Eurus Energy announces the commissioning of the Ashikawa Wind Farm, completing the Dohoku Wind Power Generation project in northern Hokkaido. This project increases the total capacity to 434.5 MW, strengthening energy production in a region with limited electrical infrastructure.
BNP Paribas and the European Investment Bank (EIB) sign an agreement to stimulate up to €8 billion in investments in wind energy within the European Union. This initiative strengthens financing for wind projects and supports the European industry in the sector.
BNP Paribas and the European Investment Bank (EIB) sign an agreement to stimulate up to €8 billion in investments in wind energy within the European Union. This initiative strengthens financing for wind projects and supports the European industry in the sector.
Canada joins the Global Offshore Wind Alliance (GOWA), reinforcing its presence in the offshore wind sector. This initiative aims to structure the industry, attract investments, and position the country in the global marine energy market.
Canada joins the Global Offshore Wind Alliance (GOWA), reinforcing its presence in the offshore wind sector. This initiative aims to structure the industry, attract investments, and position the country in the global marine energy market.
The Adani group withdraws from its $442 million wind farm project in Sri Lanka after tensions with the government, which decided to renegotiate the electricity purchase agreement and reassess the project.
The Adani group withdraws from its $442 million wind farm project in Sri Lanka after tensions with the government, which decided to renegotiate the electricity purchase agreement and reassess the project.
Scatec ASA has concluded the sale of its Dam Nai wind farm in Vietnam to the SUSI Asia Energy Transition Fund, with an initial payment of USD 27 million, along with additional contingent payments.
Aker Solutions has signed a contract with Dragados Offshore to manufacture the steel substructure for the HVDC converter station of the BalWin 1 project in Germany. This 2 GW project is being developed for the Amprion Offshore GmbH grid.
Aker Solutions has signed a contract with Dragados Offshore to manufacture the steel substructure for the HVDC converter station of the BalWin 1 project in Germany. This 2 GW project is being developed for the Amprion Offshore GmbH grid.
RWE has obtained pre-qualification to provide a 60 MW secondary reserve through its offshore wind farm, Amrumbank West. Starting in 2025, this capacity will be auctioned on the balancing energy market, strengthening the stability of the German power grid.
RWE has obtained pre-qualification to provide a 60 MW secondary reserve through its offshore wind farm, Amrumbank West. Starting in 2025, this capacity will be auctioned on the balancing energy market, strengthening the stability of the German power grid.
Cadeler has signed a Vessel Reservation Agreement with Ocean Winds for the installation of turbines at the BC-Wind offshore wind farm in the Polish Baltic Sea. The contract, estimated between EUR 48 and 56 million, reinforces the company’s position in this expanding market.
Cadeler has signed a Vessel Reservation Agreement with Ocean Winds for the installation of turbines at the BC-Wind offshore wind farm in the Polish Baltic Sea. The contract, estimated between EUR 48 and 56 million, reinforces the company’s position in this expanding market.
Amazon has signed a Power Purchase Agreement (PPA) with CleanMax for the development of a 100 MW wind farm in India. The project, which will be connected to the national grid, is expected to be operational by the second quarter of 2026.
Faced with the rise of renewable energies, the United Kingdom is committing 42 billion euros to modernizing its electrical grid by 2031. This project, led by National Grid, aims to adapt infrastructure despite local tensions caused by the installation of new high-voltage power lines.
Faced with the rise of renewable energies, the United Kingdom is committing 42 billion euros to modernizing its electrical grid by 2031. This project, led by National Grid, aims to adapt infrastructure despite local tensions caused by the installation of new high-voltage power lines.
Danish wind energy giant Ørsted reports a modest net profit of 16 million kroner in 2024, after recording losses in 2023. Facing rising costs and delays in the U.S., the company is scaling back its investments through 2030.
Danish wind energy giant Ørsted reports a modest net profit of 16 million kroner in 2024, after recording losses in 2023. Facing rising costs and delays in the U.S., the company is scaling back its investments through 2030.
Independent renewable energy producer ERG has signed a long-term power purchase agreement (PPA) with Amazon. The deal involves energy from the Corlacky wind farm in Northern Ireland, which is expected to be operational by the end of 2025.
Independent renewable energy producer ERG has signed a long-term power purchase agreement (PPA) with Amazon. The deal involves energy from the Corlacky wind farm in Northern Ireland, which is expected to be operational by the end of 2025.
The world leader in wind energy, Vestas, multiplied its net profit sixfold in 2024, reaching €499 million. With a record order backlog of €68.4 billion, the Danish group is betting on offshore wind power to sustain its growth.
SSE Renewables, APB/APG, and TenneT have signed a realization agreement for the connection of the IJmuiden Ver Alpha offshore wind farm in the Netherlands. This 2GW project marks a major step in the Dutch high-voltage grid and is expected to be operational by 2029.
SSE Renewables, APB/APG, and TenneT have signed a realization agreement for the connection of the IJmuiden Ver Alpha offshore wind farm in the Netherlands. This 2GW project marks a major step in the Dutch high-voltage grid and is expected to be operational by 2029.
Amazon and Iberdrola are expanding their energy partnership with the addition of 476 MW of new power purchase agreements (PPAs). These agreements span five countries and mark a first entry into Portugal, further consolidating their presence in the European market.
Amazon and Iberdrola are expanding their energy partnership with the addition of 476 MW of new power purchase agreements (PPAs). These agreements span five countries and mark a first entry into Portugal, further consolidating their presence in the European market.
Mitsubishi Corporation is reassessing its offshore wind projects in Japan due to macroeconomic turbulence. Inflation, yen depreciation, and rising interest rates are complicating the viability of these projects, initially awarded in 2021. The company is now evaluating its next steps.
Mitsubishi Corporation is reassessing its offshore wind projects in Japan due to macroeconomic turbulence. Inflation, yen depreciation, and rising interest rates are complicating the viability of these projects, initially awarded in 2021. The company is now evaluating its next steps.
The Polish Prime Minister announces the Baltica 2 project, carried out in partnership with Ørsted and PGE, aiming for 1.5 GW over 190 km² in the Baltic Sea, with a launch this year and commissioning scheduled for 2027.
Ørsted, a Danish renewable energy specialist, is undergoing a major reshuffle following difficulties in the U.S., with the resignation of its CEO and the appointment of his deputy.
Ørsted, a Danish renewable energy specialist, is undergoing a major reshuffle following difficulties in the U.S., with the resignation of its CEO and the appointment of his deputy.
The Government of Canada, in partnership with Nova Scotia, implements new legislative provisions governing offshore wind energy development to stimulate the economy and attract significant investments.
The Government of Canada, in partnership with Nova Scotia, implements new legislative provisions governing offshore wind energy development to stimulate the economy and attract significant investments.
TGS has secured an offshore wind site characterization contract off the coast of the UK, with a duration of 30 days and mobilization scheduled for Q2 2025.
TGS has secured an offshore wind site characterization contract off the coast of the UK, with a duration of 30 days and mobilization scheduled for Q2 2025.

Advertising