|
|
|
Archived News Articles
|
|
|
|
|
|
|
|
|
The Future of Generation: Meeting tomorrow's power needs will pose tough choices
Public Utilities Fortnightly - Roundtable
A Group of experts, among them John Buehler discuss the future challenges and opportunities for power generation. (PDF Courtesy of Public Utilities Fortnightly) view a PDF of the article
|
|
|
Energy Investors Funds Acquires Additional Interest In MASSPOWER
United States Power Fund Increases Total Firm Investment to 30 Percent
Energy Investors Funds today announced that the United States Power Fund, L.P. has acquired a 12.5 percent general partner interest in MASSPOWER from El Paso Corporation. more
|
|
|
LIPA Board Approves Neptune Undersea Cable Project
The Long Island Power Authority (LIPA) Board of Trustees today approved a 20-year contract with Neptune Regional Transmission System LLC (NeptuneRTS™) to construct and operate an undersea high-voltage transmission cable capable of supplying up to 660 megawatts of electricity to Long Island by 2007. more
|
|
|
Energy Investors Funds’ US Power Fund, L.P.
Becomes Sole Owner Of Hawaii’s Hamakua Plant
Acquisition Completes Ownership Begun with June 2004 Purchase of Black River Energy
Energy Investors Funds Group today announced that its US Power Fund, L.P. has acquired the remaining 50 percent ownership in the Hawaii-based Hamakua Energy Partners from TECO Energy for approximately $12 million. more
|
|
June 28, 2004
|
Energy Investors Funds’ US Power Fund, L.P.
Acquires Black River Energy, L.P.
New Assets Generate One-Third of the Total Power of Hawaii’s Big Island
Energy Investors Funds Group today announced that its US Power Fund, L.P. has acquired Black River Energy, L.P. and its assets including Black River Generation, located in Watertown, New York and Hawaii-based Hamakua Energy Partners. The financial terms of the transaction were not disclosed. more
|
|
|
United States Power Fund, L. P. -
Landmark Investment in Astoria Energy
Astoria Energy Project Will Provide Critically Needed Power for New York City
Energy Investors Funds is pleased to announce that the US Power Fund has closed a $50 million equity investment in the $983 million financing to build New York City's largest new power plant in 25 years. Located in Queens, New York, the Astoria Energy plant has natural gas capabilities and will operate primarily as a combined cycle natural gas facility that will produce 500 megawatts of electricity in its first phase, scheduled for operation in April 2006. Consolidated Edison, the electric utility that serves the greater New York City area, has executed a 10-year contract to purchase the initial 500 MW generated by the project. more
|
|
|
|
|
|
|
Management Buy-out Closes
The management of Energy Investors Funds (“EIF” or the “Group”) is pleased to announce that on December 31, 2003, we acquired from Dresdner 100% of the stock of Energy Investors Funds Group. As a result of the Management Buyout (“MBO”), EIF became the sole General Partner (“GP”) of the US Power Fund, Dresdner converted its GP interest into a Special Limited Partner interest in US Power Fund while continuing to be the largest LP in the Fund, and EIF became an autonomous, management-owned private equity fund manager. We thank Dresdner and all our Limited Partners for their support throughout the MBO process.
Under the new management structure, EIF Management, LLC will continue to manage the fund entities of Energy Investors Funds L.P, Energy Investors Funds II, L.P., Project Finance Fund III, L.P. and the Caribbean Basis Power Fund, Ltd. In each instance, the General Partner for each fund will remain the same.
|
|
|
Energy Investors Funds Closes Fifth Fund at $250 Million
United States Power Fund, L. P.
Energy Investors Funds (“EIF” or “the Group”), an established private equity fund manager specializing in the energy and electric power sector, has closed the United States Power Fund, L.P. (“US Power Fund”) with total capital commitments of $250 million. The US Power Fund, which targets investments in generation, transmission, and energy service assets in the U.S., has already committed approximately $168 million (as of 4/30/04). more
|
|
|
2003 Trans-Elect: Path 15 Financing Closed, Construction to Begin
Project Will Benefit Consumers With Greater Reliability, Reduced Congestion Costs
ERESTON, VA -- Trans-Elect's New Transmission Development Company (NTD) said today it has finalized financing for a first-of-its-kind, public-private partnership that will allow construction to expand California's Path 15 to begin immediately. more
|
|
back to top
|
|
|
|
 |
