Aspen Power Partners Acquires Safari Energy; Carlyle Commits $350M to Aspen
November 3, 2022
Aspen Power Partners acquired Safari Energy, LLC from PPL Corporation and gained Safari's 220 MW portfolio and development platform. The transaction was announced alongside a $350 million investment in Aspen from funds managed by The Carlyle Group to support Aspen's organic growth and acquisition-driven strategy to reach gigawatt scale.
- Targets
- Safari Energy, LLC
- Sellers
- PPL Corporation
- Platforms
- Aspen Power Partners LLC
- Industry
- Renewable Energy
- Location
- New York, United States
- Transaction Type
- Addon
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