Pattern Energy Closes $11 Billion Financing of Largest Clean Energy Infrastructure Project in U.S. History

ALBUQUERQUE, N.M.–(BUSINESS WIRE)–Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, has closed an $11 billion non-recourse financing and begun full construction of SunZia Transmission and SunZia Wind, which together is the largest clean energy infrastructure project in U.S. history. SunZia Transmission is a 550-mile ± 525 kV high-voltage direct current (HVDC) transmission line between central New Mexico and south-central Arizona with the c

The AA’s new partnership with Stonepeak to accelerate the next phase of growth

BASINGSTOKE, England & NEW YORK–(BUSINESS WIRE)–The AA has announced that Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, has entered into an agreement with the AA, and its majority shareholders, TowerBrook Capital Partners (“TowerBrook”) and Warburg Pincus. Per the agreement, Stonepeak will invest £450 million in the AA through a combination of common and preferred equity at an enterprise value of approximately £4 billion. Following this inves

FCPT Announces Sale-Leaseback of a Tire Discounters Property for $1.7 Million

MILL VALLEY, Calif.–(BUSINESS WIRE)–Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Tire Discounters property for $1.7 million via sale-leaseback transaction. Tire Discounters is the country’s largest family-owned and operated automotive service provider, with its brands currently operatin