MEAG Investor Sells Stake in U.S. Wind Farms to Ardian

Dr. Alexander Poll, Head of Alternative Assets Americas at MEAG New York, said: "The sale of our interest in Horse Creek and Electra reflects MEAG’s disciplined approach to active portfolio management.”

Gabriel Wagner, Deal Lead, MEAG New York, added: “We appreciate the very constructive partnership with Ardian over the years and believe the transaction positions the assets well for the next phase of their lifecycle."

Olivia Genereux, Director, Ardian Infrastructure, stated: "We thank MEAG for a constructive and collaborative partnership over the years. Consolidating full ownership of Horse Creek and Electra gives us the platform and flexibility to execute the next phase of our asset management plan to unlock their full potential. We look forward to the next chapter for these assets and to their continued role in one of the most dynamic power markets in the U.S."

Holland & Knight served as MEAG’s legal advisor on the transaction. Santander acted as financial advisor, while Gibson, Dunn & Crutcher LLP and McGuireWoods LLP served as legal counsels, to Ardian in connection with the transaction.