Dallas, Texas, December 12, 2018 - Sammons Renewable Energy (SRE) today announced the acquisition of the 238 MW Rio Bravo wind project from Longroad Energy Holdings, LLC (Longroad). Rio Bravo is the second wind farm acquired by the company, bringing the wind portion of SRE’s portfolio to 400 MW. Franklin Park identified and assisted with the structuring and closing of the acquisition, and a subsidiary of Berkshire Hathaway Energy will provide tax equity financing to the project.
Dallas, Texas, January 9, 2018— Sammons Renewable Energy (SRE) today announced the acquisition of Midway Wind, LLC from Apex Clean Energy. Franklin Park Investments identified and assisted with structuring the deal and closing the transaction on behalf of SRE. Located on the Texas Gulf Coast in San Patricio County, Midway Wind is a development project with plans including construction of 47 Siemens Gamesa G132 turbines for a total project capacity of 162.9MW. The project has an anticipated commercial operation date of December 2018.
Cheyenne, WY (December 20, 2017) — Sweetwater River Conservancy, the Cheyenne-based mitigation bank and conservation business has changed its name to Pathfinder Ranches. The Pathfinder Ranches brand represents the history of the 638,000-acre site located outside of Alcova (Wyoming), and the company’s commitment to contributing to the future prosperity of the state of Wyoming. Since being acquired in 2016 by Sammons Enterprises, Inc., the $86 billion global holding company headquartered in Dallas, Texas, Pathfinder Ranches has accumulated 122,395 mitigation credits.
Dallas, Texas (August 23, 2017) — Sammons Renewable Energy (SRE), a wholly owned subsidiary of Sammons Infrastructure, today announced the acquisition of a 194MW portfolio of solar power plants from Heelstone Energy. As part of the transaction, SRE acquired a 36-project portfolio of operating solar power plants with long-term energy contracts.
Dallas, Texas, July 13, 2017 — Briggs Equipment US (Briggs Equipment), a Sammons Enterprises, Inc. company, announced it has acquired substantially all the assets of MacKinnon Equipment & Services (MacKinnon). The acquisition expands the presence of Briggs Equipment’s material handling business in Florida and Georgia. MacKinnon Equipment Services is operating as a DBA of Briggs Equipment with no changes to leadership or business approach.
Dallas, Texas, March 2, 2017 — Sammons Renewable Energy (SRE), a Sammons Enterprises, Inc. company, announced today the global holding company has purchased Sorgent.e Hydro Canada Corporation (SHC). SHC is a hydroelectric developer in British Columbia. SRE acquired two projects totaling 21 MW with long term Energy Purchase Agreements with BC Hydro as part of the purchase. Two additional projects totaling 21 MW have been assigned energy volumes under BC Hydro’s Standard Offer Program.
Dallas, Texas, December 20, 2016 — Sammons Renewable Energy (SRE), a Sammons Enterprises, Inc. company, announced today that it led the equity portion of a $241 million cash equity transaction with SolarCity (SCTY). Franklin Park Investments manages SRE. As part of the deal, SRE is investing in a portfolio of solar projects in 16 states, including 26,000 home residential systems and 19 commercial and industrial solar projects. The financing is non-recourse to SolarCity.
A New Apartment Development Company Backed by Compatriot Capital
Dallas, TX, February 8, 2016 – Sammons Enterprises, Inc. announced it has acquired Sweetwater Ranches Conservancy, LLC and Pathfinder Land and Ranch Management with related assets from Pathfinder Renewable Wind Energy, LLC. The acquisition includes Sweetwater River Conservancy, LLC and its associated conservation banks.
Sammons Enterprises announces the promotion of Cheryl Gosch to general counsel, Sammons Enterprises and Yolanda Brown to assistant general counsel, Sammons Corporation effective January 1, 2016.