Rockland Capital Restructures Prime Energy
HOUSTON, TX – October 12, 2005 — Rockland Capital Energy Investments, LLC (“Rockland”) announced today that it restructured the power purchase agreement between Prime Energy Limited Partnership (“Prime”) and Jersey Central Power & Light (“JCP&L”), and subsequently acquired the other 50% interest in Prime from its former partner, The Goldman Sachs Group, Inc (“Goldman”). The […]
Ripon Cogeneration LLC Successfully Completes Refinancing of Project Debt
HOUSTON, TX – March 24, 2005 — Ripon Cogeneration LLC (“Ripon”) announced today the successful closing of a $69.5 million bank facility lead by Union Bank of California (“Union Bank”). The project finance facility, which includes a combination of debt and letters of credit, will mature in 2018 with pricing based on LIBOR plus a […]
Rockland Capital Sells Interests in Ripon Cogeneration
HOUSTON, TX – June 29, 2005 — Rockland Capital Energy Investments, LLC (“Rockland”) announced today that it, along with its partners, Lightyear Capital and D. Milne Associates, has sold its interests in Ripon Cogeneration, LLC to Countryside Power Income Fund (TSX:COU.UN). Ripon Cogeneration, LLC owns and operates the 51 MW Ripon cogeneration facility located 70 […]