Asset Type | Energy Infrastructure |
Status | Operational (COD in February 2011) |
Asset Description | Dokie is a 144 MW wind farm located on the top of two mountain ridges in the Peace River District of Northern British Columbia. The project is the largest operating wind farm in BC. |
Asset Revenues | 100% of power produced is sold under a 25-year Power Purchase Agreement (PPA). |
Conterparty | BC Hydro |
PPA Expiry | 2036 (25 years following COD) |
Asset Type | Energy Infrastructure |
Status | Operational (COD between June 2012 and May 2014) |
Asset Description | 5 solar PV facilities with 69 MW DC of aggregate generation capacity. Facilities are located in California and Georgia. The projects were originally developed by smaller solar companies and subsequently sold to RETC. |
Asset Revenues | All of the projects benefit from long-term, fixed-price contracts with creditworthy counterparties, and terms ranging from 15 to 25 years. |
Counterparty | Georgia Power, Imperial Irrigation District, Modesto Irrigation District |
PPA Expiry | 2027 to 2037 (15 years, 20 years and 25 years following COD) |
Asset Type | Energy Infrastructure |
Status | Meadow Lake VI: Operational (COD Dec. 2018) Prairie Queen: In construction (COD in Q2 2019) |
Asset Description | The portfolio consists of two wind farms: Meadow Lake VI (200.4 MW) located in White and Benton Counties, IN; and Prairie Queen (199.3 MW) located in Allen County, KS. |
Asset Revenues | 100% of the projects’ production is contracted to be sold to investment-grade counterparties under long-term PPAs. |
Conterparties | Meadow Lake VI: Wabash Valley Power (75.4 MW)/Cummins Inc. (75 MW)/Nestle, USA (50 MW) Prairie Queen: Kansas City Power & Light (100%) |
PPA Expiry | Meadow Lake VI: 15 years (Cummins & Nestle) to 20 years (Wabash) from COD Prairie Queen: 20 years from COD |
Asset Type | Energy and Social Infrastructure |
Status | Operational |
Asset Description | 50-year concession to operate, maintain and upgrade the Georgetown University utility system, which is all of the electric, steam and condensate, natural gas, chilled water and associated central assets serving the Main and Downtown campuses, and includes utility and energy services to the Jesuit Community, the Georgetown University Medical Center and MedStar Georgetown Hospital. The concessionaire will also implement energy conservation measures to achieve a 35% reduction in energy use intensity |
Asset Revenues | In exchange for an upfront payment, the Concessionaire receives three revenues steams: (i) a starting fixed fee of $21.1 million that grows by ~$2.2 million per year until 2031, then growing at 1.5% per year; (ii) a return on investment for capital improvements made to the system over the term of the concession; and (iii) payment of operating costs on a pass-through basis |
Counterparty | Georgetown University (S&P: A-; Moody’s: A3) |
Concession Expiry | 2071 |
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