News / Media

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2019 News
2018 News
2017 News

Rockland Capital Exits PJM Peaker Portfolio

HOUSTON, TX – July 5, 2017 – Rockland Capital, LLC (“Rockland”) closed the sale of a portfolio of PJM peaking plants to a fund managed by the Carlyle Group.  The sale involved the 484 MW Elgin facility, the 349 MW Rocky Road facility and the 180 MW Tilton facility, all located in Illinois.  Elgin and […]

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2016 News

Rockland Capital Announces Acquisition of Nevada Cogeneration Associates #2 and Pasco Power

HOUSTON, TX – September 13, 2016 – Rockland Capital, LLC (“Rockland”) announced today that one of its funds has entered into agreements to acquire 100% of the interests in a combined cycle cogeneration facility located in Clark County, Nevada (“NCA2”) and a dual-fuel combined cycle facility located in Pasco County, Florida (“Pasco”) from [...]

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$119 million Refinancing of Elgin Energy Center

HOUSTON, TX – April 28, 2016 — Rockland Capital, LLC (“Rockland”) announced today that it has closed the refinancing of Elgin Energy Center, LLC (“Elgin” or the “Project”). GE Capital EFS Financing, Inc., BNP Paribas and CIT Bank, N.A. led the transaction. The credit facility includes a five-year, $107.5 million senior secured term loan and [...]

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Wolverine Power Holdings, LLC acquires 100% of the interests in Michigan Power LP, LLC

On December 17, 2015, Wolverine Power Holdings, LLC (“Wolverine”), an affiliate of Rockland Power Partners II, LP, acquired 100% of the interests in Michigan Power LP, LLC, which indirectly owns the Michigan Power Generating Facility (the “Project” or “Michigan Power”). Michigan Power is a 125 MW fully contracted, natural gas-fired combined [...]

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2015 News

Rockland Capital Announces Sale of Renewable Portfolio

HOUSTON, TX – July 27, 2015 — Rockland Capital, LLC (“Rockland”) announced today that it has signed an agreement to sell 71 megawatts (MW) of renewable generation assets to TransAlta Corporation (“TransAlta”) (TSX: TA; NYSE: TAC) for a purchase price of US$ 75.8 million plus the assumption of US$ 41.8 million of existing non-recourse project [...]

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Archived

BL England Natural Gas Pipeline Approved

UPPER TOWNSHIP, NJ – May 13, 2013 — The Upper Township committee has approved construction of a 22-mile natural gas pipeline from Millville to Beesley’s Point, New Jersey using town land. The pipeline will be constructed by South Jersey Gas to deliver natural gas to the BL England power plant in Beesley’s Point as part […]

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RC Cape May Announces Sale of Solar Development

HOUSTON, TX – January 26, 2012 — Rockland Capital, LLC (“Rockland”) announced today that its affiliate, RC Cape May Holdings, LLC (“RC Cape May”), has reached an agreement to sell the solar development at its BL England facility and execute a long-term lease with Greentech Global Energy (“GTG Energy”). GTG Energy will construct the [...]

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La Paloma Refi Closes with Novel Hedge

Posted with permission from SparkSpread August 26, 2011, by Victor Kremer Bank of America Merrill Lynch and Macquarie Capital yesterday closed a refinancing of the 1,022 MW La Paloma power plant in California, in a deal that includes a first-of-its-kind sparkspread hedge. SunTrust Robinson Humphrey acted as co-manager on the deal on behalf of [...]

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Rockland Capital Announces Investment in La Paloma

HOUSTON, TX – April 30, 2010 — Rockland Capital, LLC (“Rockland”) announced today that its affiliate, RC La Paloma Holdings, LLC, is acquiring an interest in the La Paloma Generating Plant (“La Paloma”), a natural gas-fired power facility located in McKittrick, California. At the same time, Rockland entered into an agreement to [...]

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