Conventional Power and Transmission

Marathon Capital’s team has substantial experience in the conventional power and transmission sectors having advised on transactions representing over 20 GW of natural gas and coal capacity over the last five years. The firm has a unique understanding of the fundamental drivers of both energy and capacity markets in the different U.S. Power Markets, as well as the interaction between new build activity and retirement of inefficient assets. The scope of the transactions range from M&A assignments to restructurings of both single asset and portfolios of combined cycle and peaking power plants. The team has worked with developers, well-known power-focused financial sponsors, North American utilities and Independent Power Producers.

Recent Transactions

Peabody Energy Corp

Sale of 5.06% Ownership Interest in the Prairie State Energy Campus to:

Wabash Valley Power

May 2016

Centrica

Acquisition of:

SmartWatt

July 2019

Tyr Energy

Sale of Equity Interest in 845 MW Shepherds Flat Operating Wind Projects to:

Caithness Energy

December 2018

OCI Solar Power

Sale of 66 MWDC In-Construction Solar Photovoltaic Project to:

D. E. Shaw Renewable Investments

September 2018

Greenwood Energy

Debt Financing for two Solar Portfolios by:

ORIX Corporation USA

September 2018

Blue Source, LLC

Equity Capital Raise provided by:

GEF Capital Partners

August 2018

Gaelectric, LLC

Sale of 235 MW Wind Development Project to:

Seventus LLC

August 2018