Talen Energy Corp. has completed the sale of Talen Renewable Energy to California-based Energy Power Partners, a deal which includes 25 clean power projects in the US.
Talen Renewable Energy consists of a portfolio of utility-grade clean power projects in Pennsylvania, New Jersey, Vermont and New Hampshire, with a total of 65megawatts of nameplate generating capacity. The portfolio includes landfill gas-to-energy, solar, wind and cogeneration projects. Talen Renewable Energy’s full staff has transitioned to EPP as part of the transaction.
EPP is a private equity and infrastructure firm pursuing long-term investments in small to medium-sized North American clean power projects with contracted cash flows. The firm’s current portfolio consists of operating assets located in the U.S.
