Recognized for acquisition and financing of 8point3 Energy Partners
NEW YORK – Capital Dynamics, an independent global private asset management firm, today announced that its Clean Energy Infrastructure (CEI) team received the 2018 North American Solar Deal of the Year at the annual IJGlobal North America Awards for its acquisition and financing of 8point3 Energy Partners. Capital Dynamics accepted the award for the second consecutive year at a dinner held in New York City. The award is determined by an independent panel of industry leaders each year to recognize an exceptional transaction that drives advancement and innovation in the energy market.
“IJGlobal’s recognition for the second consecutive year reinforces our continued industry leadership and highlights our investment success in identifying and financing US solar power projects,” said John Breckenridge, Head of the Capital Dynamics Clean Energy Infrastructure team. “The completion of the very complex 8point3 transaction was a significant milestone for our dedicated clean energy infrastructure team and demonstrates our ability to execute on our proven strategy on behalf of our investors.”
Financing for the transaction was supported by Mitsubishi UFJ Financial Group (MUFG) and Allianz Global Investors and placed to multiple investors including Commonwealth Bank of Australia, KeyBank, Natixis, Sabadell, Santander, Rabobank, Nomura and Barings. Amis, Patel & Brewer, LLP served as primary legal counsel. Stoel Rives, LLP served as tax and regulatory counsel.
The Capital Dynamics CEI team is one of the largest specialized renewable energy investment managers in the world with 4.7 GW of gross power generation across more than 100 projects and USD 5.9 billion in assets.1
About Capital Dynamics Clean Energy Infrastructure
Capital Dynamics’ Clean Energy Infrastructure (CEI) team holds extensive expertise in investing, financing, owning and operating conventional and clean energy businesses globally. Established to capture attractive investment opportunities in this class of real assets, Capital Dynamics’ CEI mandate is to invest directly in proven clean energy technologies – such as solar, wind, biomass, conventional gas generation and waste gas-fueled power generation – across the globe. The CEI team currently manages 4.7 GW of gross power generation capacity in the United States and Europe.2
About Capital Dynamics
Capital Dynamics is an independent global asset management firm focusing on private assets including private equity, private credit, clean energy infrastructure and clean energy infrastructure credit. Capital Dynamics offers a diversified range of tailored offerings and customized solutions for a broad, global client base, including corporations, family offices, foundations and endowments, high net worth individuals, pension funds and others. The firm oversees more than USD 15 billion in assets under management and advisement.3 Capital Dynamics is distinguished by its deep and sustained partnerships with clients, a culture that attracts entrepreneurial thought leaders and a commitment to providing innovative ideas and solutions for its clients.
Founded in 1999 and headquartered in Zug, Switzerland, Capital Dynamics employs approximately 160 professionals globally and maintains offices in New York, London, Tokyo, Hong Kong, San Francisco, Munich, Milan, Birmingham, Dubai and Seoul. For more information, please visit: www.capdyn.com
3 As of December 31, 2018