US renewable energy project development headquartered in Boston and San Francisco
Longroad's focus is primarily in the development of utility-scale wind and solar generation throughout North America. Longroad was founded in 2016, and is the reformulated team of First Wind, one of the most successful independent renewable energy development teams in the U.S. over the past decade.
Infratil's partnership with Longroad combines local knowledge with the capital of Infratil and The New Zealand Superannuation Fund. Infratil and New Zealand Superannuation Fund own 80% of the business while Longroad Energy Partners (LEP) an entity held by the Longroad executive team own the remaining 20%. Over time, Longroad will provide an option for further investment in stable, low risk operating assets.
15 Jul 2019
Infratil announces that Longroad Energy has closed the financing of its 243 MW El Campo wind project in Knox County, Texas, USA. Longroad Energy is partnering with two Danish pension funds, PKA and PenSam (acting through their investment manager, AIP), to construct the project, and will retain a 50% equity...
31 May 2019
Longroad Energy to commence construction of 379 MWdc Texas solar projectInfratil announces that Longroad Energy has closed the financing of its 379 MWdc Prospero Solar project in Andrews County, Texas, U.S.A. When completed in 2020, Prospero will be one of the largest solar farms in the U.S.A. It is the...
14 Dec 2018
Infratil announces that Longroad Energy has sold its 238 MW Rio Bravo wind farm project in Starr County, Texas, USA to Sammons Renewable Energy.
A media release from Longroad Energy relating to this sale is attached.
Following completion of the sale, Infratil expects to receive repayment of approximately US$49.4 million of funding...
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