Power Finance & Risk: Blackstone-Backed ClearGen Invests in 1.4GW Wind Farms
November 10, 2022
ClearGen LLC, a portfolio company of Blackstone Credit’s Sustainable Resources Platform, has acquired a portfolio of partnership interests in 25 wind farms across the United States totaling 1.4 net GW of existing generation capacity from Mitsubishi UFJ Financial Group. Goldman Sachs’ Sustainable Investing Group provided tax equity to ClearGen to support the transaction. Financial terms were not disclosed. O’Melveny & Myers LLP represented Goldman Sachs on the deal.
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