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 will initially own 90% of the business while Longroad Energy Partners (LEP) an entity held by the Longroad executive team will own the remaining 10%. Over time, Longroad will provide an option for further investment in stable, low risk operating assets.
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...
20 Jul 2018
Longroad Energy confirms that it has reached major project milestones on two significant greenfield renewable generation projects.
The sale of the equity in the Phoebe solar project and confirmation of full notice to proceed on the Rio Bravo wind development highlights the opportunity in the North American renewables market and the...
31 May 2018
Infratil announces that Longroad Energy has closed the financing of its 237.6 MW Rio Bravo wind farm project in Starr County, Texas, USA.
A media release from Longroad Energy relating to this project, which is scheduled to commence commercial operations in June 2019, is attached.
The construction costs are approximately US$300m, with...
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