An Eagle Creek Renewable Vitality affiliate has acquired Lightstar Renewables, a portfolio firm of funds managed by Elda River Capital Administration and Magnetar, with roughly 30 MW of tasks under-construction in New York and a improvement pipeline of roughly 1.2 GW throughout the U.S.
“We’re happy so as to add Lightstar’s clear power belongings and improvement capabilities to the Eagle Creek portfolio,” says Neal Simmons, president and CEO of Eagle Creek. “Via our ongoing operations and acquisitions, Eagle Creek is taking part in a key position in driving the transition to a clear power economic system.”
KeyBanc Capital Markets acted as unique monetary advisor to Lightstar on the transaction.
