Talk:Energy Capital Partners#Subsidiaries
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{{connected contributor (paid)|User1= Californiabri19 |U1-employer=Energy Capital Partners}}
Feedback from New Page Review process
I left the following feedback for the creator/future reviewers while reviewing this article: Hey y'all! I sure hope y'all are havin' a mighty fine day today. I just wanted to say a heartfelt thank you for takin' the time to contribute to Wikipedia by creatin' that there article.
I'm happy to inform you that your article has adhered to Wikipedia's policies, so I've marked it as reviewed. Now y'all can rest easy and enjoy the rest of your day, along with your kinfolk! Y'all take care now, ya hear?
✠ SunDawn ✠ (contact) 12:04, 23 July 2023 (UTC)
Portfolio Companies
In an effort to consolidate and update the content of this article, I suggest renaming the existing "Notable deals" section to be "Portfolio companies," and reworking the included information, perhaps like this:
:{{fake heading|sub=1|Portfolio companies}}
:In 2016, ECP invested in Sunnova Energy Corp.{{cite web|last=Wagman|first=David|title=ECP acquires Pivot Energy offering broader access to capital to fuel growth|url=https://pv-magazine-usa.com/2021/06/02/ecp-acquires-pivot-energy-offering-broader-access-to-capital-to-fuel-growth/|date=2 June 2021|website=PV Magazine}}
:In August 2017, ECP led an investor consortium including Access Industries and CPP Investment Board.{{Cite news |date=November 28, 2022 |title=Bridgepoint Weighs $1 Billion Purchase of Energy Capital Partners - Bloomberg |language=en |url=https://www.bloomberg.com/news/articles/2022-11-28/bridgepoint-said-to-weigh-1-billion-purchase-of-energy-capital |access-date=July 23, 2023}}{{Cite web |last=Garcia |first=Luis |title=Energy Capital Partners Earns Back Its $2 Billion Calpine Bet |url=https://www.wsj.com/articles/energy-capital-partners-earns-back-its-2-billion-calpine-bet-11650020400 |access-date=July 23, 2023 |website=WSJ |language=en-US}} to invest in Calpine{{cite web|last=Smith|first=Geoffrey|title=Energy Capital Partners Snaps up Calpine for $5.6 Billion|url=https://fortune.com/2017/08/18/energy-capital-calpine-acquisition/|website=Fortune|date=18 August 2017}}{{cite web|last=Bentley|first=Zak|title=ECP set to close on $1.6bn for Calpine continuation fund|url=https://www.infrastructureinvestor.com/ecp-set-to-close-on-1-6bn-for-calpine-continuation-fund/|date=15 June 2022|website=Infrastructure Investor}}.
:In 2021, ECP bought Liberty Tire from the The Carlyle Group.{{cite web|last=Garcia|first=Luis|title=ECP Buys Liberty Tire from Carlyle For $750 million|url=https://www.wsj.com/articles/ecp-buys-liberty-tire-from-carlyle-for-750-million-11617293687|date=1 April 2021|website=Wall Street Journal}}{{cite web|last=Smalley|first=Megan|title=Liberty Tire Recycling Sold to ECP|url=https://www.recyclingtoday.com/news/liberty-tire-recycling-sold-ecp/|date=5 April 2021|website=Recycling Today}} That same year, the firm also bought Pivot Energy, a solar development company.
:In 2022, ECP bought the UK waste management firm Biffa.The transaction was completed in January 2023 and Biffa was delisted from the London Stock Exchange.{{Cite web |last=Garcia |first=Luis |title=Garcia's Take: ECP Could Benefit From European Partner |url=https://www.wsj.com/articles/garcias-take-ecp-could-benefit-from-european-partner-11669770069 |access-date=July 23, 2023 |website=WSJ |language=en-US}}{{Cite news |date=September 27, 2022 |title=ECP to Buy UK Waste Management Firm Biffa for £1.3 Billion |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2022-09-27/ecp-to-buy-uk-waste-management-firm-biffa-for-1-3-billion |access-date=July 23, 2023}}{{Cite web |last=Gaetjens |first=Bob |date=January 20, 2023 |title=Energy Capital Partners closes on acquisition of Biffa |url=https://www.recyclingtoday.com/news/biffa-united-kingdom-ecp-energy-capital-partners-acquisition-recycling-solid-waste/ |website=Recyclingtoday}}
:In January 2023, it was reported that ECP was working with Sumitomo Mitsui Trust Bank to establish a Japan decarbonization fund.{{Cite web |title=U.S. firm eyes multibillion-dollar Japan decarbonization fund |url=https://asia.nikkei.com/Business/Finance/U.S.-firm-eyes-multibillion-dollar-Japan-decarbonization-fund |access-date=July 23, 2023 |website=Nikkei Asia |language=en-GB}}
{{reflist-talk}}
Thank you for considering these changes. Californiabri19 (talk) 15:48, 23 January 2024 (UTC)
:Hi Californiabri19. I think it would make best sense to re-work any new language into prose, rather than making this section a combination prose/list. For the section rename, if we're now including "subsidiaries" we should make clear which activity was undertaken by a subsidiary, which subsidiary, etc., which I'm not clearly seeing in the above. Pegnawl (talk) 20:18, 23 February 2024 (UTC)
::{{u|Pegnawl}}, thank you for taking the time to consider my suggestion. I've modified the content above and hope it is clear and ready for implementation now. Thank you again, Californiabri19 (talk) 22:28, 11 March 2024 (UTC)
:::{{u|Californiabri19}} I've reviewed all content and sources and they certainly check out, but I have to say the draft provided above looks highly similar to the existing language, except that several details have been omitted from the above (largely financial figures). As such I'm not sure this change, wholesale, would be an improvement to the page. Can you draw my attention to differences, beyond the section re-title, that would benefit readers?
:::And, given recent additions to this section (the sale of stake in Terra-Gen Power), Notable transactions may be a more apt re-title. Pegnawl (talk) 17:25, 21 March 2024 (UTC)
::::{{u|Pegnawl}}, thank you for taking the time to review. The draft I provided focuses on ECP's portfolio companies, with the intention of moving the 2007 Energy Future Holdings acquisition to the History section. Similarly, it adds the 2016 Sunnova acquisition, as well as the purchase of Liberty Tire from Carlyle and Pivot in 2021. This information is not currently included in the article. Appreciate working with you to include these details. Thank you, Californiabri19 (talk) 15:07, 27 March 2024 (UTC)
:::::{{Respond|yellowcheck|Partly done:}} That made sense, thank you; I've added the new investments and updated the section title, though I retained the financial figures for Biffa since it was well referenced. Pegnawl (talk) 00:25, 28 March 2024 (UTC)
::::::Thank you {{u|Pegnawl}}! Appreciate your time and attention. It was a pleasure collaborating with you to update and improve this article. Californiabri19 (talk) 13:36, 28 March 2024 (UTC)
New developments
{{Edit COI|answered=yes}}
ECP has had two recent developments that I would like to include in the article.
These are my requests:
- Add to the the Portfolio section:
:In May 2024, ECP finalized the acquisition of Atlantica Sustainable Infrastructure. The sale helped Algonquin Power and Utilities reduce debt and revamp their capital structure.{{cite web|title=Energy Capital Partners to acquire Atlantica for $2.56bln|url=https://www.reuters.com/markets/deals/energy-capital-partners-acquire-atlantica-25-bln-2024-05-28/|date=28 May 2024|website=Reuters}}
- Add to the Background section:
:In May 2024, ECP closed its fifth round of equity funding, ECP V, with commitments of $4.4 billion and $2.3 billion co-investment capital.{{cite web|title=Energy Capital Partners completes $6.7B fundraise; acquires Atlantica|url=https://www.roi-nj.com/2024/05/28/industry/energy-utilities/energy-capital-partners-completes-6-7b-fundraise-acquires-atlantica/|date=28 May 2024|website=ROI NJ}}
{{reflist-talk}}
{{u|Pegnawl}}, I'd be grateful for your input and help again, if you don't mind. Thank you for considering these changes. Californiabri19 (talk) 16:41, 25 June 2024 (UTC)
- {{U|Californiabri19}}, I reviewed the suggested edits, took a look at the sources, made some tweaks and added the material to the article. Alansohn (talk) 12:06, 9 July 2024 (UTC)
:{{Respond|yellowclock|Already done}} by Pegnawl, closing the request Rusalkii (talk) 23:03, 12 July 2024 (UTC)
::{{u|Alansohn}}, Thank you! Appreciate the time you took to review and implement. Californiabri19 (talk) 00:46, 17 July 2024 (UTC)
Additional details
{{Edit COI|P}}
I'm back to ask that these recent developments be included in this article:
- Update and clarify the relationship with Bridgepoint in the lede and Background sections:
:In August 2024, ECP merged with Bridgepoint Group to form a global diversified private assets investment platform. {{cite web|title=Bridgepoint Completes Strategic ECP Acquisition|url=https://www.tipranks.com/news/company-announcements/bridgepoint-completes-strategic-ecp-acquisition|date=20 August 2024|website=Tip Ranks}}{{cite web|last=Joseph|first=Irien|title=Bridgepoint completes acquisition of ECP|url=https://www.pehub.com/bridgepoint-completes-acquisition-of-ecp/|date=20 August 2024|website=PE Hub}}
- Add to the Portfolio section:
:In September 2024, ECP acquired a majority interest in power provider PROENERGY Holdings. {{cite web|title=ECP Buys Majority Stake in Power Provider|url=https://www.hartenergy.com/exclusives/ecp-buys-majority-stake-power-provider-proenergy-210354|date=6 September 2024|website=Hart Energy}}{{cite web|title=Energy Capital Partners acquires majority interest in PROENERGY|url=https://www.roi-nj.com/2024/09/10/industry/energy-utilities/energy-capital-partners-acquires-majority-interest-in-proenergy/|date=10 September 2024|website=ROI NJ}}{{cite web|last=Dorbian|first=Iris|title=Energy Capital Partners acquires power solutions provider Proenergy|url=https://www.pehub.com/energy-capital-partners-acquires-power-solutions-provider-proenergy/|date=5 September 2024|website=PE Hub}}
{{u|Pegnawl}} and {{u|Alansohn}}, your assistance with previous ERs has been very much appreciated. Would you be able to take a look here as well? If you indicate your approval, I can go ahead and include it directly. Thank you in advance. Californiabri19 (talk) 20:07, 27 September 2024 (UTC)
{{reflist-talk}} Californiabri19 (talk) 20:07, 27 September 2024 (UTC)
:{{Respond|yellowcheck|Partly done:}} The wording sounded somewhat promotional so I've toned it down a bit, if you'd like to reword it please let me know. Encoded Talk 💬 22:09, 28 October 2024 (UTC)
::{{u|Encoded}}, thank you so much for all your help! The language looks great to me. Californiabri19 (talk) 23:59, 29 October 2024 (UTC)