Experience

NOTABLE EXPERIENCEĀ 

  • 2010 – Facilitated investment of $1.2 billion to construct and refurbish 3 sites and 1,883 MW of generation capacity in south Texas
  • 2011 – Facilitated acquisition of 7 gas-fired power generation facilities in the Northeast totaling 794 MW
  • 2012 – Facilitated acquisition of 3 coal-fired generation assets in the mid-Atlantic totaling 2,648 MW
  • 2013 – Negotiated $1.8 billion fuel supply transaction and restructured transportation contract delivering $200 million in savings
  • 2013 – Delivered $415 million dividend recapitalization returning substantially all investor equity
  • 2014 – Restructured property and casualty insurance program resulting in annual $2.8 million in savings/cash flow improvement
  • 2014 – Renegotiated gas transportation agreement delivering $23.5 million in incremental value
  • 2014 – Executed recapitalization of portfolios with $1.25 billion in new bonds, with historically-low coupon of 5.125%
  • 2014 – Used gas balancing and leveraged LDC bypass threats to reduce gas transportation rates delivering $38 million in cost savings
  • 2015Facilitated merger of Riverstone’s competitive power generation businesses with PPL Corporation’s, forming Talen Energy Corporation, one of the largest independent power producers in the United States

 

FORMERLY MANAGED ASSETS

tpg
Topaz Power Group
sapp
Sapphire Power
raven
Raven Power

The assets above are now part of Talen Energy.