About us
Terra-Gen is a renewable energy company focused on developing, owning, and operating utility-scale wind, geothermal, and solar generation. Terra-Gen owns 976 MWs (net equity) of wind, geothermal and solar generating capacity in operation across 25 renewable power facilities throughout the Western United States with a focus on the California marketplace. Terra-Gen's subsidiaries are responsible for the operation and maintenance of over 2,000 MWs of renewable projects. Terra-Gen's operating portfolio is one of the largest renewable businesses in the United States. Terra-Gen continues to expand operations in renewable generation through a combination of acquisitions of operating projects, development of new projects and partnering on mid and late stage development opportunities. Terra-Gen is owned by Energy Capital Partners, a private equity firm focused on investing in North America’s energy infrastructure. Since 2005, the Firm has raised over $13 billion in commitments, utilizing this capital to build and acquire investment platforms across multiple energy sub-sectors.
- Website
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http://www.terra-gen.com
External link for Terra-Gen, LLC
- Industry
- Utilities
- Company size
- 201-500 employees
- Headquarters
- San Diego, California
- Type
- Privately Held
- Founded
- 2007
- Specialties
- renewable energy
Locations
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Primary
11455 El Camino Real
San Diego, California 92130, US
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1095 Avenue of the Americas
25th Floor Ste A
New York, NY 10036, US
Employees at Terra-Gen, LLC
Updates
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Terra-Gen is pleased to announce that Masdar has entered into a definitive agreement to acquire a 50% stake in the company from Energy Capital Partners, with Igneo Infrastructure Partners retaining its existing 50% stake. Masdar’s investment will position Terra-Gen to continue building on the significant growth and transformation realized under ECP's ownership and achieve accelerated long-term success as part of Masdar and Igneo’s portfolios. Jim Pagano, CEO of Terra-Gen, said, "Terra-Gen is committed to developing responsible energy projects that benefit local communities and future generations. We have enjoyed a tremendous partnership with ECP, which allowed us to build a strong and resilient business positioned for long-term growth. As we look to build on our tangible pipeline of projects, we are excited to work with Masdar, a like-minded partner with a track record of commitment to decarbonization and clean energy projects in the U.S. and around the world." Read more: https://lnkd.in/dhy458FC
Masdar to Acquire 50% Stake in Terra-Gen from Energy Capital Partners
prnewswire.com