Energy Capital Partners (ECP) has announced that it has acquired Triple Oak Power (Triple Oak) from EnCap Energy Transition Fund I (EnCap) and its co-investors, Yorktown Partners and Mercuria Energy.
Founded in 2020 and headquartered in Portland, Oregon, Triple Oak, through greenfield development and acquisitions, develops and monetises renewable energy projects in the USA. Triple Oak manages a pipeline of more than 8.0GW of renewable development projects, comprised of predominantly utility-scale wind opportunities in the central and western United States. ECP, founded in 2005, is an investor across energy transition, electrification and decarbonisation infrastructure assets and its team consists of 88 people.