News
HIF – Gulf Pacific Power Increases Stake in Two Wind Portfolios
Birmingham, AL, June 27, 2022 – Harbert Management Corporation (“HMC”) is pleased to announce that Gulf Pacific Power, LLC (“GPP”) has increased its cash-equity position in two wind portfolios: EGPNA Renewable Energy Holdings, LLC, a holding company that owns a 785 MW portfolio of four operating wind projects, and Rocky Caney Holdings, LLC, a holding company owning two operating wind projects totaling 349 MW (together, the “Portfolios”). GPP acquired the additional interests from subsidiaries of Enel Green Power North America, Inc (“Enel”), who will continue to operate the Portfolios. Financial terms of the transaction were not disclosed.
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