New York, NY – 27th June 2022: Funds advised by BC Partners Credit, a leading international investment firm, announced today their acquisition of a minority stake in GreenPark Infrastructure, LLC.
GreenPark is a new infrastructure platform founded by two Tesla and SolarCity alumni, with an initial focus on renewable energy real estate acquisition and investment. BC has also committed additional financing to support GreenPark’s growth. Terms of the transaction were not disclosed.
Ted Goldthorpe, Head of BC Partners Credit, said: " We are delighted to partners with GreenPark and support the continued growth of this important and innovative platform. We believe that the business is primed to both accelerate and benefit from the transition to a low carbon economy, and we look forward to working with Shane, Luis, and their team to achieve this."
Shane Deaton, Founder and CEO of GreenPark, said: “BC’s expertise and commitment to decarbonization and renewable energy make them a natural partner for GreenPark. We are excited to work with the BC team.”
Luis Solana, Co-Founder and CFO of GreenPark, said: “Our new partnership with BC will strengthen our business and provide us with the capital necessary to acquire thousands of acres of renewable energy real estate.”
About BC Partners Credit
BC Partners Credit was launched in February 2017 and has pursued a strategy focused on identifying attractive credit opportunities in any market environment. The platform leverages the broader firm's deep industry and operating resources to provide flexible financing solutions to middle-market companies, often in more complex and less competitive market segments.
For further information, please visit https://www.bcpartners.com/credit-strategy
About GreenPark Infrastructure:
GreenPark Infrastructure is a sustainable real estate platform that invests in land and leases supporting solar and wind farms, battery storage, EV charging, transmission lines, and future zero-carbon technologies.
For more information, please visit: www.greenparkinfra.com