March 14, 2019 – Axium Infrastructure acquires option to invest in a FERC-regulated California transmission line

New York, NY – Axium Infrastructure is pleased to announce the purchase of an option to acquire upon completion a 30-year leasehold interest in 24.5% of the transfer capacity of the West of Devers transmission upgrade project. The option was acquired from funds managed by Oaktree Capital Management, L.P. (“Oaktree”) and its partners Jim Kelly and Tom Tureen, who originated the transaction.