Galway Sustainable Capital Acquires Forsite Renewables
01/11/24, 4:28 PM
Location
Industry
renewable energy
energy
Sterling Power Opportunities, a subsidiary of Galway Sustainable Capital, Inc., has acquired a majority interest in Forsite Renewables, a Charlotte-based developer of solar and battery storage projects. This transaction will enable Forsite to significantly expand its project portfolio and serve the growing demand for sustainable energy.
Company Info
Location
Washington, United States
Company info
Galway Sustainable Capital (“GSC”) is a private equity backed specialty finance company that invests in companies that accelerate the transition to greater resilience and sustainability. The Company’s investment themes include renewable and distributed energy; efficiency and green buildings, circular economy solutions, sustainable ag land and water, carbon remediation; and socially responsible credit. GSC is a long term buy and hold investor that partners with experienced entrepreneurs and developers to grow profitable sustainable businesses. For more information, please visit www.galwaysustainable.com.
About Oaktree
Oaktree is a leader among global investment managers specializing in alternative investments, with $153 billion in assets under management as of March 31, 2021. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,000 employees and offices in 19 cities worldwide. For additional information, please visit Oaktree’s website at http://www.oaktreecapital.com.
About Cordillera
Cordillera Investment Partners is an investment management firm focused on investing in niche, non-correlated assets. These investments are generally in sectors that are not well understood, not overcapitalized, and not correlated with traditional assets. Cordillera manages capital for endowments, foundations, family offices, wealth advisors, and other institutional investors. For more information please visit www.cordillera-ip.com.
About Cambridge Wilkinson
Cambridge Wilkinson is a leading global investment bank with the speed, connections and confidence to get deals done. With a focus on middle market companies, we arrange debt and equity capital raises from $25 million to $5 billion and advise on mergers and acquisitions. Cambridge brings deep experience working with specialty finance institutions and real estate entities, as well as businesses spanning a variety of other industries. We offer unique access to a broad network capital sources including large family offices, credit funds, banks, non-bank credit groups, insurance companies, private equity, sovereigns and endowments. For more information please visit www.cambridgewilkinson.com.