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Starwood Energy Group

Company Summary

Recent news

  • 3/24/2022 - Starwood Begins PPA to... (subscriber access)
  • 11/9/2021 - California PUC Approves... (subscriber access)
  • 9/8/2021 - Starwood Energy Group... (subscriber access)
  • 8/18/2021 - Starwood Energy Group... (subscriber access)
  • 7/6/2021 - Starwood Energy Acquires... (subscriber access)

Company Transactions

Date: 7/6/2021
Type: Acquisition

NOTES:
Starwood Energy has closed on the acquisition of 252-MW in renewable assets from Consolidated Edison. The deal included the 102-MW Tehachapi, CA wind farm, and a 150-MW solar project in Crane, TX, which also has 25-MW in battery storage.
REGIONS:
  • ERCOT
  • West
  • Date: 11/11/2019
    Type: Acquisition

    NOTES:
    Starwood Energy has entered into a deal to acquire Third Coast Midstream's natural gas gathering business in and around Lavaca County, Texas. This includes 260 miles of gathering line and associated assets in the Eagle Ford Shale. This marks Starwood's first midstream acquisition.
    REGIONS:
  • Eagle Ford
  • Date: 6/30/2019
    Type: Acquisition

    REGIONS:
  • Midwest
  • Northeast
  • Date: 12/31/2018
    Type: Acquisition

    DETAILS:

    COST: 1.23 $B

    VOLUMES: 1708 MW

    NOTES:
    Starwood Energy has entered into a deal with Dominion Energy to acquire the 1,240-MW Fairless Power Station in Pennsylvania and the 468-MW Manchester Street Power Station in Rhode Island for $1.23 Billion.
    REGIONS:
  • ISO-NE
  • PJM
  • Date: 11/20/2018
    Type: Acquisition

    SELLERS:
  • Energy Harbor
  • DETAILS:

    COST: 144 $MM

    VOLUMES: 545 MW

    ACRES: 500 Acres

    NOTES:
    Starwood Energy has purchased FirstEnergy Solution's West Lorian generation facility for $144 million. The facility is a 545 MW periodic-start, fuel-oil, and natural-gas-fired generation plant that occupies about 500 acres of land in Lorain.

    Date: 10/22/2018
    Type: Acquisition

    DETAILS:

    VOLUMES: 234.6 MW

    NOTES:
    Skyline Renewables Closed on Purchase of 51% Stake in Horse Creek & Electra Wind Farms from Starwood
    REGIONS:
  • ERCOT
  • Date: 9/30/2018
    Type: Acquisition

    DETAILS:

    COST: 2.56 $B

    NOTES:
    Starwood Property Trust has entered into a deal with GE to acquire their Energy Project Finance Debt Business for $2.56 billion. GE Capital's debt business includes a loan portfolio with 51 senior loans and 21 full time employees.
    REGIONS:
  • North America
  • International
  • Date: 9/30/2018
    Type: Acquisition

    NOTES:
    Starwood Energy Group has entered into a deal to sell a 50% equity stake in Compass Power Generation to JERA. Compass holds a stake in the 840 MW Marcus Hook Energy Center, the 173 MW Dighton facility and the 160 MW Milford facility.

    Date: 1/1/2018
    Type: Acquisition

    DETAILS:

    VOLUMES: 1200 MW

    NOTES:
    The coal fired power assets include two projects in New Jersey, one in West Virginia and one in Arkansas.

    Date: 9/25/2017
    Type: Acquisition

    NOTES:
    The Dighton and Milford Energy Facilities are being sold to Starwood Energy Group Global for $119 million. The two plants comprise 310-MW of gas-fueled generation capacity in Massachusetts.
    REGIONS:
  • Northeast
  • New England
  • Date: 8/23/2017
    Type: Acquisition

    BUYERS:
  • Munich Re
  • DETAILS:

    VOLUMES: 230 MW

    NOTES:
    Starwood Energy reported that it has closed on the sale of a 49% stake in the Horse Creek and Electra wind farms to Munich Re Group. Each wind farm is capable of generating 230-MW and they went into commercial operation in late 2016.
    REGIONS:
  • Texas and Producing Region
  • Date: 11/2/2016
    Type: Acquisition

    DETAILS:

    COST: 765 $MM

    REGIONS:
  • Northeast