History

About QUG

HISTORY

2011

Jun 2011

Acquired 100% interest in Noble Environmental Power’s 384 MW wind development pipeline, consisting of projects located in Maine, Minnesota, Connecticut, and Pennsylvania

Sep 2011

Acquired 50% interest in 110 MW James River coal plant and 110 MW Portsmouth coal plant, both located in Virginia, from Goldman Sachs-backed Cogentrix

2012

Feb 2012

Acquired 100% interest in 760 MW Choctaw combined-cycle gas plant in Mississippi from GDF Suez

Jun 2012

Awarded a 25-year 20 MW PPA by Guam Power Authority for the total output of the Guam solar development project

2013

Jan 2013

Financed the 760 MW Choctaw combined-cycle gas plant in Mississippi with Beal Bank

Apr 2013

Acquired 100% interest in three Florida combined-cycle gas plants, 155 MW Auburndale plant, 123 MW Lake plant, and 123 MW Pasco plant, from Atlantic Power. Successfully financed the Pasco plant with Sumitomo Mitsui Banking Corporation as part of the acquisition

Apr 2013

Acquired a 25-year 6 MW PPA with Guam Power Authority from Pacific Green Resources to expand the Guam solar development project

Jul 2013

Sold the 26 MW Guam solar development project to NRG

Dec 2013

Assisted Westmoreland in restructuring its PPA contracts for 167 MW Roanoke Valley I and 45 MW Roanoke valley II coal plants with Dominion Virginia Power

2014

Jun 2014

Acquired 100% interest in 85 MW Nevada Cogeneration Associates #2 gas plant from Chevron and Dynegy. Additionally, fully hedged out gas requirements for the plant as part of the acquisition with BP Energy

Oct 2014

Acquired 100% interest in Navasota Power’s ERCOT development projects, totaling 1,737 MW of gas peaking capacity in Texas

Nov 2014

Successfully restructured the PPA contracts for the 110 MW James River and 110 MW Portsmouth coal plants with Northern Virginia Electric Cooperative

2015

Feb 2015

Closed on construction financing with Sumitomo Mitsui Banking Corporation and commenced construction of the 38 MW Passadumkeag Windpark in Maine

Apr 2015

Sold the 760 MW Choctaw combined-cycle gas plant in Mississippi to Tennessee Valley Authority

Jul 2015

Financed the 85 MW Nevada Cogeneration Associates #2 gas plant with ING Capital

Oct 2015

Acquired 100% interest in Moundsville Power, a 595 MW combined-cycle natural gas development project in West Virginia

Oct 2015

Acquired 100% interest in Friendswood Energy Genco, a 121 MW simple-cycle natural gas development project in Houston, Texas

Dec 2015

Completed construction of the 38 MW Passadumkeag Windpark in Maine

2016

Jan 2016

Commenced construction of Friendswood Energy Genco, a 121 MW simple-cycle gas-fired plant in Houston, Texas

Jun 2016

Sold the approximately 40 MW Passadumkeag Windpark in Maine to Southern Power

Oct 2016

Sold the 85 MW Nevada Cogeneration Associates #2 in Nevada to Rockland Capital

Nov 2016

Sold the 123 MW Pasco combined-cycle gas plant in Florida to Rockland Capital