Business
Overview
Starwood Energy™ specializes in energy infrastructure investments, with a focus on power generation, transmission, storage, and related projects. Through Starwood Energy Infrastructure Fund, including successor funds and affiliated investment vehicles, Starwood Energy™ has raised in excess of $3 billion of equity capital and has executed transactions totaling more than $8 billion in enterprise value, inclusive of $2 billion in enterprise value related to the development and construction of renewable assets such as wind farms, solar farms and biomass power plants. The Starwood Energy™ team brings extensive development, construction, operations, acquisition and financing expertise to its investments.
Philosophy
Starwood Energy actively pursues attractive, risk-adjusted returns from both opportunistic acquisitions and development of energy infrastructure assets.
Starwood Energy targets investments in hard assets with a promise of strong cash flows. Starwood Energy believes that this approach reduces downside potential, provides financial flexibility and broadens exit alternatives. Starwood Energy also targets greenfield and brownfield development opportunities where it can add value through its development expertise. Starwood Energy is actively pursuing solar, wind and other renewable energy projects in response to the rapidly rising need for green energy in North America.
Starwood Energy seeks to enhance value by pursuing negotiated transactions when possible. To identify such opportunities, Starwood Energy executives leverage long-standing relationships with developers and asset owners. Starwood Energy executives have a demonstrated history of successfully originating transactions through proprietary channels rather than agent-led auctions.
Starwood Energy believes that a clear understanding of regional power markets is key to its investment strategy. By understanding the sources of demand for energy and capacity, the unique aspects of state and federal regulations, and the regional opportunities to address demand, Starwood Energy strives to make targeted value-add investments.
Starwood Energy’s equity investments typically range from $50 million to $200 million or more, the “middle market” that Starwood Energy believes affords more diverse opportunities, negotiated transactions and attractive values.
History
2022
January
2021
December
Starwood Energy completes sale of RockGen plant to Dairyland Power
Himanshu Saxena’s Q&A with Financier Worldwide Magazine
November
Ten West Link Transmission Line receives California Public Utilities Commission Approval
October
Keynote Interview with Infrastructure Investor | Investing in the future of Energy
September
Starwood Energy Partners with BerQ RNG to Develop and Acquire Renewable Natural Gas Projects
August
June
Starwood Energy Acquires Contracted Renewable Portfolio from Consolidated Edison
Starwood Energy and Leyline Renewable Capital Partner with American Power Ventures
April
Starwood Energy proposal to invest $8 billion in power infrastructure in the state of Texas
January
Jeffrey Levy Joins Starwood as Deputy General Counsel and Managing Director
2020
October
Keynote Interview with Infrastructure Investor | Gas remains vital to the US power market
July
Michael White Joins Starwood Energy as Senior Vice President
Starwood Energy Sells Morgantown to Vicinity Energy
April
Starwood Energy, OGCI Climate Investments and Elysian Ventures launch new Carbon Capture Project
January
Starwood Energy invests in Gulf Coast Ammonia
Starwood Energy Terminates Legacy Power Purchase Agreement for its Waste Coal Plant in West Virginia
2019
December
Starwood Energy Closes Acquisition of Lavava
November
Starwood’s Ten West Link Receives Record of Decision
JulyStarwood Closes Acquisitions of Two Gas-Fired Plants
April
Starwood to Acquire Two Contracted Power Plants
March
Starwood Completes Acquisition of West Lorain
JanuaryHimanshu Saxena named ACORE board member
2018
December
Starwood Completes Purchase of two Combined-Cycle Plants
November
October
Starwood Energy Closes Sale of 50% of Compass Power to JERA
Starwood agrees to sell a 51% interest in Horse Creek & Electra
September
Starwood Energy To Acquire Two Combined-Cycle Plants From Dominion Energy
Starwood Energy to Sell Hudson Transmission Line to Argo
Starwood Energy Achieves Major Milestone In Ten West Link Transmission Project
August
Starwood Energy to sell 50% interest in Compass Power Generation to JERA
Starwood Energy to sell 105 MW Northwest Ohio Wind to CMS Energy Subsidiary
Starwood Energy Closes Third Energy Infrastructure Fund
Starwood Completes Purchase of Dighton & Milford Facilities
Starwood & GM sign a long-term agreement for renewable energy
Starwood Energy Compass Gen awarded best NA Conventional Power Project
May
Starwood Energy Compass Gen awarded best NA Conventional Power Project
April
2017
December
Starwood Refinances Portfolio of Natural Gas-fired Power Plants
November
Starwood Sells Biomass Electric Generating Facility
Starwood Closes Financing On 100MW Northwest Ohio Wind Project
Starwood agrees to buy Four Power Generating Assets
Starwood Energy appoints Himanshu Saxena as CEO
September
Starwood Completes Purchase of Dighton & Milford Facilities
Starwood & GM sign a long-term agreement for renewable energy
August
StarwoodCloses Sale of Minority Interest in two Wind Farms
July
Starwood agrees to buy Two Power Generating Assets
February
2016
November
Starwood completes purchase of Marcus Hook
August
Starwood allocates $100mm to STEM
July
Starwood announces deal to acquire Marcus Hook from NextEra
Starwood & Target’s New Wind Energy Partnership
April
Starwood Acquire Greenleaf 1 & 2 MUFG
Keynote Interview: Saxena & Nordholm on Starwood’s Approach to Investing
February
Opportunities in Greenfield Energy Infrastructure, Interview by Preqin
2015
December
Starwood Begins Commercial Operations at the Shannon Wind
October
Nordholm & Saxena interviewed by PEI Infrastructure Investor
September
Starwood Recipient of Global Fund Awards, by Corporate Livewire
July
Starwood Energy Wins CAISO Bid
June
Starwood & Alterra Secure Facility for the Shannon Wind Project
Starwood Named Firm of the Year by Finance Monthly
May
Starwood Named Best for Energy Infrastructure
Stephens Ranch Phase II Becomes Operational
February
Starwood Energy Completes Acquisition of Quail Run
January
2014
December
Starwood Energy to Acquire Lakeside Generation LLC
October
Starwood Energy to Acquire 250 MW Wind Project in Ohio
September
Starwood Energy to Acquire Quail Run Energy Center
August
Starwood Energy Closes Financing with Citi, Morgan Stanley and MUFG on 165 MW Wind Project in Texas
June
Northwest Mutual Acquires Stake In Neptune regional Transmission System From Starwood Energy
January
Starwood Sells Peaker Power Plants in Ohio debt and tax equity financing
Starwood Energy Closes Financing with GE, Citi and Santander on 211-MW Wind Project in Texas
2013
December
Starwood Energy’s Fund II, “SEIF II” Closes Above Target
November
Starwood Energy in JV with Siemens and EMI for Development of Energy Infrastructure
August
Starwood Energy Acquires Stephens Ranch Wind Project in Texas
September
Starwood Energy Announces the sale of California Power Plant
June
Starwood Energy Achieves Financial Close on FieStar Projects and Sells Its Interest
Hudson Transmission Begins Delivering Power to NYC
February
Starwood Energy Announces Sale of Sault Ste. Marie Solar Projects
2008
December
June
Starwood Energy Closes Acquisition of Thermo Facility
Starwood Energy Group Global Closes First Fund at $433 Million
Nordholm Delivers Keynote Address at PEI London
April
Starwood Energy Acquires an Interest in Southwestern Transmission Lines
Starwood Energy Announces Acquisition of Colorado Facility from Arroyo
March
Starwood Energy Completes FInancing on Midway Project
January
Starwood Energy Acquires a Majority Stake in Nautilus Solar Energy