PEREGRINE ENERGY SOLUTIONS LLC


Associated tags: Peregrine, Renewable energy, Wind, Cryptocurrency, Asset management, ERCOT

Locations: COLORADO, DELAWARE

Peregrine Energy Solutions Recognizes Multiple Advisors in the Finalization of a $700 million Financing Transaction with AB CarVal

Retrieved on: 
Thursday, September 7, 2023

BOULDER, Colo., Sept. 7, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine") recognizes these advisors who played key roles in finalizing a previously announced financing transaction with funds managed by AB CarVal: IMM Investment Global, Latham & Watkins, McGuireWoods LLP, and Piper Sandler & Co.

Key Points: 
  • BOULDER, Colo., Sept. 7, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine") recognizes these advisors who played key roles in finalizing a previously announced financing transaction with funds managed by AB CarVal: IMM Investment Global, Latham & Watkins, McGuireWoods LLP, and Piper Sandler & Co.
  • Peregrine is an integrated multi-technology clean energy platform with a focus on utility-scale energy storage.
  • IMM Investment Global: "Partnering with the Peregrine team has been a remarkable experience that greatly supported our clean energy transition efforts.
  • Latham & Watkins: "The Latham & Watkins team is pleased to have represented AB CarVal in its equity investment and debt financing with Peregrine.

Peregrine Energy Solutions and AB CarVal finalize $700 million financing agreement to support a pipeline of renewable energy and storage projects

Retrieved on: 
Tuesday, August 29, 2023

BOULDER, Colo., Aug. 29, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility-scale energy storage, today announced it has signed an agreement with funds managed by AB CarVal to raise over $700 million of credit, equity and debt to fund Peregrine's pipeline of over seven gigawatts of high-quality projects, including standalone battery, solar and wind technologies.

Key Points: 
  • It will also allow the firm to capture market arbitrage opportunities and continue expanding into new areas for growth.
  • "AB CarVal will provide significant new liquidity for Peregrine to advance our value creation pathways.
  • The Peregrine team seeks to source, develop, build, and manage standalone battery energy storage and renewable energy assets across North America in an effort to unlock value in such assets.
  • Assets developed and managed by Peregrine benefit from an experienced team of renewable energy veterans who collectively bring over 20 GW of renewable energy and storage facilities development experience.

Peregrine Energy Solutions Signs Agreement to Sell Production Tax Credits from Old Gold Energy Center, LLC

Retrieved on: 
Tuesday, August 15, 2023

BOULDER, Colo., Aug. 15, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility scale energy storage, today announced it has signed an agreement with Greenprint Capital to sell multi-year production tax credits (PTCs) from Old Gold Energy Center, LLC (formerly known as Top of Iowa I), an 80 MW operating wind asset in northern Iowa.

Key Points: 
  • BOULDER, Colo., Aug. 15, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility scale energy storage, today announced it has signed an agreement with Greenprint Capital to sell multi-year production tax credits (PTCs) from Old Gold Energy Center, LLC (formerly known as Top of Iowa I), an 80 MW operating wind asset in northern Iowa.
  • "We are excited to be able to monetize production tax credits by utilizing the transferability provisions under the Inflation Reduction Act of 2022.
  • "Greenprint Capital is thrilled to partner with Peregrine in acquiring renewable energy tax credits from their wind project," said Peter DeFazio, Managing Director of Greenprint Capital.
  • Assets developed and managed by Peregrine Energy Solutions benefit from an experienced team of renewable energy veterans who collectively bring over 20 gigawatts of renewable energy and storage facilities development experience.

Peregrine Energy Solutions Establishes Partnership With Six Nations of the Grand River Development Corporation For Full Scale Renewable Energy Development Investment In Ontario, Canada

Retrieved on: 
Wednesday, August 2, 2023

With this MOU, Peregrine aims to expand its mission of the creation of multiple gigawatts of special class, high yield, utility-scale energy assets into the Canadian market by leveraging the Peregrine team's proprietary commercial and development strategy.

Key Points: 
  • With this MOU, Peregrine aims to expand its mission of the creation of multiple gigawatts of special class, high yield, utility-scale energy assets into the Canadian market by leveraging the Peregrine team's proprietary commercial and development strategy.
  • Peregrine will develop and manage the projects along with consultation, advice, and investment from the SNGRDC.
  • Peregrine Energy Solutions LLC seeks to source, develop, build and manage standalone battery energy storage and renewable energy assets across North America in an effort to unlock value in such assets.
  • Assets developed and managed by Peregrine Energy Solutions are expected to benefit from an experienced team of renewable energy veterans who collectively bring over 20 gigawatts of renewable energy and storage facilities development experience to the projects they undertake.

Ascend Analytics and Peregrine Energy Solutions LLC Announce Crown Jewels Portfolio Sale

Retrieved on: 
Thursday, April 27, 2023

Today, Ascend Analytics and Peregrine Energy Solutions LLC (Peregrine) announced the sale of the Crown Jewels portfolio.

Key Points: 
  • Today, Ascend Analytics and Peregrine Energy Solutions LLC (Peregrine) announced the sale of the Crown Jewels portfolio.
  • The portfolio will be listed for sale on the Ascend Energy Exchange and the buyer selection process will conclude this summer.
  • Assets developed and managed by Peregrine Energy Solutions benefit from an experienced team of renewable energy veterans who collectively bring over 20 gigawatts of renewable energy and storage facilities development experience.
  • To learn more about the Crown Jewels portfolio and the Ascend Energy Exchange, please contact [email protected] .

Peregrine Energy Solutions and Global Investment Manager Partner to Acquire, Operate, Redevelop and Expand 80 MW Operating Wind Asset in Northern Iowa

Retrieved on: 
Thursday, March 16, 2023

BOULDER, Colo., March 16, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility scale energy storage, today announced it will operate, redevelop and expand the assets of Old Gold Energy Center, LLC (formerly known as Top of Iowa I), an 80 MW operating wind asset in northern Iowa.

Key Points: 
  • BOULDER, Colo., March 16, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility scale energy storage, today announced it will operate, redevelop and expand the assets of Old Gold Energy Center, LLC (formerly known as Top of Iowa I), an 80 MW operating wind asset in northern Iowa.
  • The assets were acquired by Peregrine through a partnership with a global alternative investment manager on behalf of funds it manages.
  • "We are excited to take control of this wind asset as we continue to build out Peregrine's portfolio of development and operational projects.
  • Assets developed and managed by Peregrine Energy Solutions benefit from an experienced team of renewable energy veterans who collectively bring over 20 gigawatts of renewable energy and storage facilities development experience.

Peregrine Energy Solutions Launches Second Greenfield BESS Development Platform with Commitment from IMM Investment Global

Retrieved on: 
Tuesday, February 7, 2023

BOULDER, Colo., Feb. 7, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), a recently established integrated and multi-technology clean energy platform with a focus on utility scale energy storage, today announced it has received a commitment from IMM Investment Global ("IMMG"), one of the leading multi-asset alternative investment firms in Asia, for funding to develop greenfield battery energy storage systems (BESS) in North America.

Key Points: 
  • BOULDER, Colo., Feb. 7, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), a recently established integrated and multi-technology clean energy platform with a focus on utility scale energy storage, today announced it has received a commitment from IMM Investment Global ("IMMG"), one of the leading multi-asset alternative investment firms in Asia, for funding to develop greenfield battery energy storage systems (BESS) in North America.
  • With this commitment, Peregrine aims to create multiple gigawatts of special class, high yield, utility-scale energy storage assets in strategic locations by leveraging the Peregrine team's proprietary commercial and development strategy.
  • The Peregrine Energy Solutions LLC seeks to source, develop, build and manage standalone battery energy storage and renewable energy assets across North America in an effort to unlock value in such assets.
  • Assets developed and managed by Peregrine Energy Solutions are expected to benefit from an experienced team of renewable energy veterans who collectively bring over 20 gigawatts of renewable energy and storage facilities development experience to the projects they undertake.

Peregrine Energy Solutions Begins Development in ERCOT Market

Retrieved on: 
Tuesday, January 24, 2023

BOULDER, Colo., Jan. 24, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC, a recently established integrated and multi-technology clean energy platform with a focus on utility scale energy storage, today announced it will develop two mid-stage energy storage assets in the Electric Reliability Council of Texas (ERCOT) market. The assets were acquired from Black Mountain Energy Storage by a global alternative investment manager on behalf of its funds.

Key Points: 
  • BOULDER, Colo., Jan. 24, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC, a recently established integrated and multi-technology clean energy platform with a focus on utility scale energy storage, today announced it will develop two mid-stage energy storage assets in the Electric Reliability Council of Texas (ERCOT) market.
  • "We are pleased to have partnered with Peregrine Energy Solutions to develop these assets," said Witt Duncan, Director of Corporate Development for Black Mountain Energy Storage.
  • Peregrine Energy Solutions LLC seeks to source, develop, build and manage standalone battery energy storage and renewable energy assets across North America in an effort to unlock value in such assets.
  • Assets developed and managed by Peregrine Energy Solutions are expected to benefit from an experienced team of renewable energy veterans who collectively bring over 15 gigawatts of renewable energy and storage facilities development experience to the projects they undertake.