Avenue Capital Group Agrees to Sell Portfolio of Assets of the Avenue Golden Continuation Fund, L.P. to Partners Group in $2.2 Billion Transaction

Avenue Capital Group Agrees to Sell Portfolio of Assets of the Avenue Golden Continuation Fund, L.P. to Partners Group in $2.2 Billion Transaction

NEW YORK, March 18, 2025 /PRNewswire/ -- Avenue Capital Group ("Avenue"), a global investment firm, today announced that it has agreed to sell a portfolio of energy transition-focused assets in California from the Avenue Golden Continuation Fund, L.P. ("Avenue Golden…

Partners Group agrees $2.2bn deal to acquire California energy assets - Private Equity Wire

Swiss private equity firm Partners Group has agreed to acquire Middle River Power, an energy asset management platform, along with a 1.9 GW portfolio of 11 natural gas-fired power plants in California from Avenue Capital Group for $2.2bn, according to a report by Reuters. The deal, which was announced on Tuesday, comes amid rising US power demand, driven by AI and cryptocurrency data centres, as well as increased electricity consumption for heat…

Avenue Capital Group Agrees to Sell Portfolio of Assets of the Avenue Golden Continuation Fund, L.P. to Partners Group in $2.2 Billion Transaction – Oil & Gas 360News Story – QuoteMedia Market Data Solutions

Avenue Capital Group Agrees to Sell Portfolio of Assets of the Avenue Golden Continuation Fund, L…

Partners in $2.2 Billion Deal to Buy California Gas Plants - Energy News, Top Headlines, Commentaries, Features & Events

Partners Group Holding AG, a Switzerland-based private equity firm, agreed to acquire a portfolio of 11 natural gas power plants in California from Avenue Capital Group. The transaction — comprising the 1.9-gigawatt portfolio and Middle River Power, the operator of the plants — has an enterprise value of $2.2 billion, Partners said in a statement Tuesday. California ...