Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Starwood Energy Investing in Carbon Capture Project (Ind. Report)
Starwood Energy
Date: 2020-04-03
Private equity investment firm Starwood Energy Group Global, Inc. reports it has finalized agreements with OGCI Climate Investments (OGCI CI) to co-invest in the initial development of a large-scale carbon capture (CC) facility to be integrated with a natural gas power plant.

The project will use commercially available CO2 capture technology and is expected to capture 90 pct of the CO2 emissions from an existing power facility. The captured CO2 will then be used in enhanced oil recovery and permanently sequestered in an existing oil field. The project, which will be jointly developed by Starwood and Elysian Ventures, LLC, is expected to break ground in early 2021. (Source: Starwood Energy Group Global, LLC, PR, 2 April, 2020) Contact: Starwood Energy Group, Himanshu Saxena, CEO, +44 (0)207 413 3448, www.starwoodenergygroup.com; Elysian Ventures, Bret Logue, Principal & Co-Founder, (212) 913-9890, www.elysian.cc ; OGCI Climate Investments, Pratima Rangarajan, CEO, www.oilandgasclimateinitiative.com/climate-investments

More Low-Carbon Energy News Carbon Capture,  


Starwood Closes on 100MW NE Ohio Wind Project (Ind. Report)
Starwood Energy Group
Date: 2017-11-06
Greenwich, Conn.-headquartered privately held investment firm Starwood Energy Group Global LLC, reports it has finalized an agreement to finance and construct the 100 MW Northwest Ohio Wind Project in Paulding County, Ohio. The project, which will utilize GE 2.5-116 wind turbines, will sell 100 pct of its output to General Motors under the terms of a long-term power purchase agreement. Construction is expected to be completed in fall 2018. An affiliate of Citi has committed to provide tax equity for the project and Rabobank will provide the construction and term debt. Additional financial details were not disclosed.

To date, Starwood Energy Group has raised equity commitments of approximately $3 billion and has executed transactions totaling more than $6 billion in enterprise value. Starwood Energy Group is an affiliate of Starwood Capital Group Global, L.P. www.starwoodenergygroup.com. (Source: Starwood Energy Group Global, www.starwoodenergygroup.com

More Low-Carbon Energy News Starwood Energy Group,  Wind,  


Starwood Sells Interests in Texas Wind Farms (Ind. Report)
Starwood Energy Group
Date: 2017-08-25
Greenwich, Conn.-based privately held investment firm Starwood Energy Group Global is reporting the sale of 49 pct of its interests in the Horse Creek and Electra wind farms in Texas to Munich Re Group.

The two identical 230-MW wind projects were constructed by Starwood Energy and began operations in late 2016. (Source: Starwood Energy Group, PR, Aug., 2017) Contact: Starwood Energy Group, 203.422.7700 http://starwoodenergygroup.com

More Low-Carbon Energy News Starwood Energy Group,  Wind,  

Showing 1 to 3 of 3.